China's CIC becomes largest state-owned investor - report
China Investment Corporation (CIC) surpassed Japan’s Government Pension Investment Fund (GPIF) and Norway’s Norges Bank Investment Management (NBIM) to become the world’s largest state-owned investor in 2022, according to Global SWF Tracker.
The Chinese sovereign wealth fund ended 2022 with USD 1.35trn in assets – up from USD 1.22trn in 2021 – compared to USD 1.32trn for GPIF and USD 1.14trn for NBIM, which occupied the top two positions...
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