China Investment Corp has received approximately US$30 billion of fresh capital from the Chinese government to help the sovereign wealth fund meet rising demand for its investment, The Wall Street Journal reported, quoting a statement by a senior CIC executive Sunday. Jesse Wang, executive vice president of CIC, told reporters on the sidelines of the National Committee of the Chinese People’s Political Consultative Conference, an advisory body, that the State Administration of Foreign Exchange provided the capital injection. The details of this additional funding weren’t clear, but past comments by senior CIC members indicate the fund may be not be inclined to invest in struggling European regions. CIC was granted US$200 billion in 2007 and initially invested in low-risk investments including US Treasury bonds. By the end of 2010, the fund’s assets reached US$410 billion due in part to investments in higher-risk private equity and hedge funds.