CIC high-risk loan to coal miner Bumi Resources appears to have turned into a lose-lose proposition for the fund. Photo: Reuters
CIC high-risk loan to coal miner Bumi Resources appears to have turned into a lose-lose proposition for the fund. Photo: Reuters
China Investment Corporation
Money /  Markets & Investing

Sovereign wealth fund CIC at risk with Bumi investment

China Investment Corporation vulnerable due to investment in debt-laden Indonesian coal miner

Toh Han Shih
Toh Han Shih

Updated: 4:13am, 8 Sep, 2014

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CIC high-risk loan to coal miner Bumi Resources appears to have turned into a lose-lose proposition for the fund. Photo: Reuters
CIC high-risk loan to coal miner Bumi Resources appears to have turned into a lose-lose proposition for the fund. Photo: Reuters
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