China: CHINA’S CIC TO LOOK FOR MORE REAL ESTATE DEALS AFTER LOSING MONEY IN 2015

Realopedia Global Real Estate Portal

China Investment Corporation (CIC) recorded a loss on overseas investment in 2015, the sovereign wealth fund’s first negative net annual return since 2011. The fund entrusted with investing China’s foreign reserves now has $813 billion in total assets including a growing number of global real estate holdings.

Read more on: www.mingtiandi.com

Source : China: CHINA’S CIC TO LOOK FOR MORE REAL ESTATE DEALS AFTER LOSING MONEY IN 2015