KCIC was formally incorporated on December 12, 2005 by an Amiri Decree as a Kuwaiti shareholding company with a total capital of KD 80 million (≈US $ 280 million).
In his statement at the annual National People’s Congress, the Chinese Premier Wen Jiabao announced that the expansionary fiscal policy would continue into 2010, as China continues to invest in infrastructure projects to promote growth. ...Read more