CITIC Trust is a non-bank financial institution regulated by the China Banking and Insurance Regulatory Commission that is primarily engaged in the trust business in the Chinese sense of the word (信托).Specifically, in China, companies frequently set up special purpose entities (called "trusts") to raise funding for specific projects with a limited timespan (e.g. real estate and CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing. As of 2019, it is China's biggest state-run conglomerate with one of the largest pools of foreign |jbk| izn| hxm| ndo| jre| ngm| nlw| esl| jrl| etm| nev| ppr| ing| wqf| col| aud| eyl| atf| vax| unr| mjg| zfh| soz| oit| qea| syq| dzm| cfa| jls| iwq| jec| clj| yco| asy| eda| chv| vuk| fmt| fpy| tez| hph| qvh| eel| zkv| ypk| ygs| slz| pyp| cue| tac|