China's $941b sovereign fund CIC gears up to invest at home

China's $941b sovereign fund CIC gears up to invest at home

City square in Beijing, China. Photo: Jimmy Chang/unsplash

China’s $941 billion sovereign wealth fund wants permission to invest in domestic stocks and bonds for the first time, people with knowledge of the matter said, as it tries to end restrictions on its mandate following government moves to open up financial markets.

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