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China Investment Corp, the nation's sovereign wealth fund, is to balance out its portfolio this year. The investment arm said it will adjust its investment plans after it "under-bought" in Europe and "over-bought" in the United States and emerging markets in 2017 in response to global economic uncertainties. CIC's chairman Lou Jiwei said CIC will invest more in manufacturing, real estate and infrastructure. In a display of CIC's new interest in manufacturers, the fund plans to buy a 4 to 10 percent stake in the German automaker Daimler AG. | 
