Temasek: The Model for China's Sovereign Wealth Fund?

China Investment Corp.'s structure is similar to Singapore's Temasek, but CIC lags in accountability and transparency, says research firm Monitor

After months of rumors, news of a Chinese sovereign wealth fund was finally confirmed in March 2007. Making his address to the National People's Congress, Finance Minister Jin Renqing said an agency would be formed to invest part of China's growing stockpile of foreign currency reserves.

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