The Chinese government has agreed to pay $3bn (£1.5bn) for a 10% stake
in US private equity company Blackstone.
The move will give Blackstone a head start in Chinese takeover deals and
allow China's government to tap into the global private equity boom.

The news, which is likely to create some political opposition in the US,
comes just days before Chinese Vice Premier Wu Yi visits America.

China is buying the stake through its newly formed state investment
fund.

"For both China and Blackstone, it's about enhancing access and
developing deeper relationships," said analyst Monte Brem, chief
executive of advisory firm Leucadia Capital Partners.

"The Chinese government wants to increase its access and role in the
global private equity market; Blackstone wants to increase its access
and role in China

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The Chinese are the next country to take over the world ...

All they need to do is control the finance centres and they will do it
by default.

Bring on the Cold Fried Rice War pt2

i love chinese food so long as there is no meat in it.they grow good
hemp

$3bn for a 10% stake???? 10% as in one tenth??????????
That sounds scary.
This group in itself having so much money power already.
I wonder in which parts of the world they have their noses already, and
then to think that they bring the Chinese there as well, like little
Trojan horses on the computer.
Scary????
I think it's too soft a word.

What's 3 billion, when you are nearly 9 TRILLION dollars in the hole?

Makes sense...sell off as much as you can, to worm your way in, as much
as you can, and the flip side, buy in as much as you can, so you can
take over.

One country has a way bigger money spinner, and has been supplying cheap
materials and consumables for so long, we get a shock if it says, 'made
in country you are standing in'.

Fried rice? hmmm......... egg noodles are more my fancy.

When you have a population that is so controlled, it is easy to
manipulate them openly.

When the Chinese govt makes a move, the move is backed by one fifth of
the world's population ...

that is a lot of people to speak of.

better start breeding more soldiers they are bound to want all the
wonderfull stuff all the wealthy nations have plundered.

.