China sovereign fund CIC seeks more direct US investment

China sovereign fund CIC seeks more direct US investment

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

China’s sovereign wealth fund China Investment Corp (CIC) posted a 1.88 percent rise in 2016 net profit, boosted by stronger returns from its overseas portfolio.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter