BEIJING (Reuters) – China will doubtless appoint savvy global dealmakers to run its large sovereign wealth fund and Commerce Ministry in a gentle power push to appease fears over a planned spending spree to boost Beijing's ownership of strategic world assets. Securities regulator Guo Shuqing is tipped to take the helm at the $482 billion state investment car, China Investment Corp (CIC) , and China's chief alternate representative, Gao Hucheng, is seen working the Commerce Ministry, two sources with management ties informed Reuters. …
Exclusive: China wealth fund, Commerce Ministry to get new heads – sources
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