China sovereign fund CIC's 2012 profit jumps 60pc on overseas investments

The net profit of China's US$575 billion sovereign wealth fund China Investment Corp (CIC) surged 60 per cent last year, helped by a 10.6 per cent return on its overseas investment portfolio.

via Business feed http://www.scmp.com/business/china-business/article/1291646/china-sovereign-fund-cics-2012-profit-jumps-60pc-overseas