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

Sovereign wealth fund CIC at risk with Bumi investment

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

Topic |   China Investment Corporation
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
CIC high-risk loan to coal miner Bumi Resources appears to have turned into a lose-lose proposition for the fund. Photo: Reuters
READ FULL ARTICLE