China's wealth fund CIC chases high-risk strategy, to deepen exposure in alt assets

China's wealth fund CIC chases high-risk strategy, to deepen exposure in alt assets

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

The world’s second-largest sovereign wealth fund is playing a dangerous game.

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