The Chinese Investment Corporation (KIK) reported a net annual income of 14.07 percent on its investments in dollars last year, the Chinese Media Group (CMG) reported.

Thus, the company’s ten-year net income abroad amounted to 6.82 percent, 128 basis points more than expected, according to the annual report published by the Chinese State Fund.

KIK’s total assets increased to $ 1.2 trillion by the end of 2020.

The company managed state assets worth 5.19 trillion yuan ($ 801.05 billion) at the end of 2020, data from the report showed.

By Editor

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