China's Sovereign Wealth Fund CIC Responds to Its Critics

China Investment Corp.'s chief risk officer denies allegations that the fund has hidden objectives in its investment strategy

It was only last week that US presidential hopeful Hillary Clinton said she thought China was buying too many US Treasury securities. Speaking at the Credit Suisse Asian Investment Conference yesterday, Jesse Wang, chief risk officer at China Investment Corporation (CIC), China's $200 billion sovereign wealth fund, took the opportunity to dispel some conspiracy theories about the government's investments.

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