Lou Jiwei

Chairman Ding Xuedong overhauls management and strategy at sovereign fund; will closer ties with Beijing frustrate efforts to expand in U.S.?

As chair and CEO of the Chinese sovereign wealth fund CIC, Ding Xuedong enjoys the trust of President Xi Jinping and other senior leaders.

China’s new Finance minister, Lou Jiwei, brings valuable international experience from his previous post as head of China Investment Corp., the nation’s $500 billion sovereign wealth fund. He’s also a domestic reformer who has supported streamlining state-owned enterprises.

CIC Chairman Lou Jiwei almost never talks to the press; it’s been five years since his last formal interview. So I’d be utterly negligent if I didn’t draw your attention to some of the key points in his discussion with the WSJ...

Li Keping may join China Investment Corporation as a co-head.