China's sovereign wealth fund has reportedly appointed another senior executive, as it seeks to bring its management up to full strength following a period of staff upheaval.
Li Keping, vice-chairman and CIO at China Investment Corporation, will reportedly be replaced in the former role, but that leaves questions over a succession plan for the CIO post.
Early reports say Shanghai’ s executive vice-mayor Tu Guangshao has been named chairman of China's sovereign wealth fund, which may give it more allocation freedom.