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Lou Jiwei, the chairman of China's $410B sovereign wealth fund, is reportedly the frontrunner to...

  • Tuesday, January 10, 2012, 9:45 AM ET
    Lou Jiwei, the chairman of China's $410B sovereign wealth fund, is reportedly the frontrunner to replace Xie Xuren as finance minister, possibly in October. Given his current job, Lou's appointment could boost Beijing's efforts to diversify its $3.2T forex reserves.
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