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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