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China Investment Corporation (CIC) (Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund responsible for managing part of the People's Republic of China's foreign exchange reserves. CIC was established in 2007 with approximately US$200 billion of assets under management. As of August 2013, the CIC has US$575.2 billion in assets under management.〔(China Investment Corporation Profile ). Sovereign Wealth Fund Institute. July 2, 2008. Retrieved August 27, 2013.〕 ==History== As of 2007, the People's Republic of China has US$1.4 trillion in currency reserves,〔 while this had grown by 2013 to US$3.44 trillion.〔 The China Investment Corporation was established with the intent of utilizing these reserves for the benefit of the state, modeled according to Temasek Holdings of Singapore. The state-owned Central Huijin Investment Corporation was merged into the new company as a wholly owned subsidiary company.〔China Business: ("China's trillion-dollar kitty is ready" ), ''Asia Times'', October 2, 2007.〕 Special treasury bonds were issued to create the capital that the CIC needed. 1,550.35 billion yuan ($207.91 billion) was issued in this bond sale. The bond process was completed in December 2007. According to Lou Jiwei, the CIC needs to make a profit of 300 million Yuan every day just to pay the interest on the bonds and operation costs. The CIC paid its first interest on the bonds in February 2008 where it paid 12.9 billion yuan. In 2010, CIC established a new subsidiary, CIC International (Hong Kong) Co in Hong Kong and appointed Lawrence Lau as its Chairman. In 2011, CIC established its first foreign office in Toronto, choosing it over financial centres such as New York or London as its first office. Felix Chee will be the chief representative officer In September 2013, the fund acquire a 12.5% stake in Russian potash fertiliser company Uralkali for a rumoured $2 billion. In March 2014, the CIC acquired a $40 million stake in iKang Health Group. In October 2015, the CIC provided capital in a deal between Carnival Corporation and China State Shipbuilding Corporation 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「China Investment Corporation」の詳細全文を読む スポンサード リンク
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