BEIJING (Reuters) - Chinese regulators will clamp down on banks' and companies' use of foreign currency for trade finance by ensuring that trade deals are authentic and by monitoring for unusual cross-border cash flows, state media reported.
Showing posts with label China's foreign exchange reserves. Show all posts
Showing posts with label China's foreign exchange reserves. Show all posts
Monday, December 9, 2013
Sunday, July 28, 2013
Sovereign wealth fund CIC boasts 10.6% return in 2012
BEIJING: Sovereign wealth fund China Investment Corp (CIC) boasted a 10.6 per cent return on its global investment portfolio in 2012 according to the company's annual report.
Wednesday, January 9, 2013
China fund mulls buying stake in Daimler: Report
SHANGHAI: China's sovereign wealth fund is considering buying a four to 10 percent stake in German automaker Daimler, the website of the official People's Daily newspaper said at the weekend.
Monday, December 26, 2011
Exclusive: China's CIC to get $50 billion boost
BEIJING (Reuters) - China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.
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