TITLE

China: After Blackstone, What Next?

PUB. DATE
May 2007
SOURCE
Emerging Markets Monitor;5/28/2007, Vol. 13 Issue 8, p9
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article examines the decision of China Investment Corp. (CIC) to invest in Blackstone Group. CIC will own a 9.7% stake in the company. It warns that China still needs to tread carefully when it comes to taking stakes in U.S. and other Western assets, lest this provoke a protectionist backlash. The advantages offered by Blackstone to China are cited.
ACCESSION #
25236692

 

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