(Reuters) - China's soon-to-be-established foreign exchange investment company would make the investment in the form of nonvoting common units of Blackstone, a firm that has been at the forefront of a global boom in mergers and acquisitions.
China announced in March it was setting up a vehicle to help diversify part of its $1.202 trillion of foreign exchange reserves, the world's largest, to improve returns and diversify risk.
Read more at Reuters.com Business News
China announced in March it was setting up a vehicle to help diversify part of its $1.202 trillion of foreign exchange reserves, the world's largest, to improve returns and diversify risk.
Read more at Reuters.com Business News
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