On the move

Xie Ping to leave China Investment

Xie Ping has stepped down as deputy manager of China Investment Corporation, the country's sovereign wealth fund, according to a statement from CIC's official website. Born in 1955, Xie previously worked for the People's Bank of China, or the central bank. In 2003, Xie served as a director of the PBOC financial stability board and president of Central Huijin Investment Ltd. In 2007, he became deputy manager of CIC, in charge of the overseas investment business. Ju Weimin will take over Xie's job at CIC.

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