Summary
What's up?
CHAIRMAN Mao will be spinning in his Mausoleum. The People's Republic of China just loves playing the financial markets these days. Eager to diversify the mountain of cash building up in state coffers, China has snapped up a 1.5bn stake in US buyout group Blackstone and engaged on a frantic scramble for African assets. With 600bn of foreign exchange reserves, it pays for China to park its cash in a broad array of foreign assets..See the full content of this document
Extract
30 Second Guide to ... Chinese Investment
What's the latest?
There has been a dra...See the full content of this document
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