皇冠体育app

皇冠体育app Central Huijin Investment Ltd, the domestic arm of 皇冠体育app's sovereign wealth fund, will be the institution that recapitalizes the Export-Import Bank of 皇冠体育app, domestic media reported yesterday.

The website of Caijing magazine cited unidentified sources as saying that Huijin, now part of 皇冠体育app Investment Corp (CIC), has also received approval from the country's cabinet to inject funds into the 皇冠体育app Export & Credit Insurance Corp (Sinosure).

CIC was set up in September 2007 with $200 billion of foreign currency reserves transferred from the central bank.