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China's CIC has earned 40 pct on U.S. real estate -official
March 30, 2011 / 1:39 AM / in 7 years

China's CIC has earned 40 pct on U.S. real estate -official

BEIJING, March 30 (Reuters) - China’s sovereign wealth has earned a 40 percent return on investments made last year in U.S. commercial real estate, a senior official said on Wednesday.

Jin Liqun, chairman of the China Investment Corp. supervisory board, also said in an address at an investment forum in Beijing that the fund had no direct investments in Japan. (Reporting by Koh Gui Qing; Editing by Ken Wills)

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