China formally launches this Saturday its investment company of State which will be charged to make bear fruit part of its reserves of exchange. The arrival on the market of this funds, whose deterrent force reaches the 200 billion dollars, is not without causing fears in Occident where the Chinese economic imperialism is feared.
When communist China puts itself at capitalism, it gives itself the means of them: 200 billion dollars, it is indeed what will weigh the Funds sovereign of the Chinese government whose principal mission will be to place part of the treasure of war available to Beijing on the stock exchange markets.
The reserves of exchange of the country, the first of the world, assembled at the end of June to some 1 330 billion dollars. The Chinese government wishes to make bear fruit part of its funds made up with 70% in dollars at the time when the green ticket does not finish any tumbling down.
The startup of this Chinese investment company worries abroad where one fears to see Beijing making low hand on certain industrial jewels. The purchase, at the end of May, for three billion dollars, a little less than 10% of the shares Blackstone, one of the funds of the American investments most important, had marked the spirits.
But China wants to be reassuring. Half at least the 200 billion dollars its investment company will have will be initially used to reinflate local banks. Other half will be invested through managers of external funds. Beijing, for the moment, does not intend to leave to the attack the great Western groups.
Awesome! Ahahaha! Stop it, you’re killing me! Anyway, I’m glad I’m not the only one who thought this is great.