Here Is The Sovereign Wealth Fund Making All Others Look Average

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China’s sovereign wealth fund, China Investment Corp., has just announced profits and they are booming.

2009 profits for the fund were $41.66 billion, up significantly over 2008’s profits of $23.1 billion, according to China Daily. That’s an 83.4% change.

And all of these profits weren’t made just in the booming Chinese market. 11.7% of CIC’s profits were made outside the country.

The fund’s assets are now at $300 billion. That makes it the fifth largest in the world, according to most recent information.

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