(Reuters) – China’s $500 billion sovereign wealth fund China Investment Corp (CIC) has appointed cabinet official Ding Xuedong as its new chairman, two sources said on Friday, ending a three-month search.
The appointment of Ding, a vice secretary general of China’s cabinet and a former vice finance minister, was announced within the fund on Friday, a source with knowledge of the situation said.
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Reuters Staff via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/7NWGQfKeOEI/
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