Report accuses China Investment Corp. of mismanagement of investments
Pensions & Investments
China's National Audit Office accused the $575 billion sovereign wealth fund China Investment Corp., Beijing, of mismanaging investments both overseas and at home. “Inadequate due diligence and mismanagement before and after investments” caused ...
China's Wealth Fund Vows Better Investment Management After Audit
Chinese sovereign wealth fund mismanaged investments, audit finds
China's CIC vows to better investment management after audit