CIC overseas earnings at record high in 2017

Nation's sovereign wealth fund posts net profit of $103.62 billion last year

China's sovereign wealth fund announced on Monday it posted a net profit of $103.62 billion as of Dec 31, 2017, up by 37.55 percent year-on-year.

Most importantly, the net return on its overseas investment hit a record high of 17.59 percent last year, compared with 6.22 percent in 2016, according to the annual report of China Investment Corp.