(Reuters) - China has $1.2 trillion in foreign exchange reserves and holds $420.2 billion of U.S. Treasuries, making it the second biggest foreign holder after Japan.
The country's purchase of a $3 billion stake in U.S. private equity firm Blackstone Group is one confirmation that China is branching out into riskier assets in search of higher returns, and that its purchases of safer government bonds may diminish, analysts say.
Read more at Reuters.com Business News
The country's purchase of a $3 billion stake in U.S. private equity firm Blackstone Group is one confirmation that China is branching out into riskier assets in search of higher returns, and that its purchases of safer government bonds may diminish, analysts say.
Read more at Reuters.com Business News
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