What next from Chinese reserve managers?

These two articles analyse this week's announcement that the new agency managing part of China's $1.2 trillion in foreign reserves will buy a $3 billion stake in the American private equity firm, Blackstone Group LP.

Herbet Lash of Reuters says the move, which will see the agency grapping an estimated 9.9% stake of Blackstone, has China watchers wondering which American companies are next on Beijing's shopping list. "Is it too far-fetched to think stakes in companies as diverse as General

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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