3min chapter

Pekingology cover image

How the CCP Finances its Global Ambitions

Pekingology

CHAPTER

The Founding and Early Challenges of the China Investment Corporation

This chapter explores the formation and growth of the China Investment Corporation, launched in 2007 amidst economic uncertainty. It examines the early struggles of CIC, including a pivotal investment in Blackstone and the mixed public perception surrounding its management of national assets.

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