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Changes tipped as CIC names new chairman

Elva Muk
Early reports say Shanghai’ s executive vice-mayor Tu Guangshao has been named chairman of China's sovereign wealth fund, which may give it more allocation freedom.
Changes tipped as CIC names new chairman

Tu Guangshao will be nominated as the chairman of China Investment Corporation (CIC), China’s $410 billion sovereign wealth fund, according to local media reports.

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