Peng Chun

Peng Chun is a Chinese bureaucrat and the chairman of China Investment Corporation, one of China's sovereign funds.

Career

Peng is a career bureaucrat and banker who spent decades rising through the ranks of China's Bank of Communications.^[1]^: 117

From April 2010 to September 2013, Peng served as the general manager and executive director of Central Huijin.^[1]^: 117

He later served as chairman of the Bank of Communications,^[2] a post he resigned from shortly before being appointed China Investment Corporation's Chairman in April 2019.^[3]^[1]^: 117 As the Chair of CIC, Peng has continued former Vice Chairman Tu Guangshao's strategy of forming cooperation funds to better satisfy Western countries' screening processes for foreign direct investment: in 2020, CIC formed the France-China Cooperation Fund, the China-Italy Industrial Cooperation Fund, the UK-China Cooperation Fund, and the Japan-China Industrial Cooperation Fund.^[1]^{: 117–118}

References

^ ^a ^b ^c ^d Liu, Zongyuan Zoe (2023). Sovereign Funds: How the Communist Party of China Finances its Global Ambitions. The Belknap Press of Harvard University Press. doi:10.2307/jj.2915805. ISBN 9780674271913. JSTOR jj.2915805.
^ "China's CIC says Peng Chun appointed as chairman". Reuters. 2019-04-09. Retrieved 2023-07-09.
^ He, Laura; Zheng, William (2019-04-02). "China Picks Career Bureaucrat to Head Sovereign Wealth Fund". South China Morning Post. Retrieved 2023-07-09.

[:32-1] Liu, Zongyuan Zoe (2023). Sovereign Funds: How the Communist Party of China Finances its Global Ambitions. The Belknap Press of Harvard University Press. doi:10.2307/jj.2915805. ISBN 9780674271913. JSTOR jj.2915805.

[2] "China's CIC says Peng Chun appointed as chairman". Reuters. 2019-04-09. Retrieved 2023-07-09.

[3] He, Laura; Zheng, William (2019-04-02). "China Picks Career Bureaucrat to Head Sovereign Wealth Fund". South China Morning Post. Retrieved 2023-07-09.

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