General Manager of Huijin Removed from Office

Xie Ping, former general manager of the Centrral Huijin Investment Ltd, was removed from office yesterday and his position was given to Peng Chun, former vice president of the Communications Bank of China, a source with the China Investment Corporation (CIC) told an EO reporter. Xie Ping was the first general manager of Huijin and held the position for six years. He still holds his position as vice general manager of CIC.