Tag Archives: kkr

China keeps the iron fist of currency manipulation as an option

In a recent gathering of Chinese and American financial heavyweights at the Palace Hotel in New York City, China Investment Corp. chairman Lou Jiwel delivered an unambiguous message: “If your Congress passes a bill labelling us as currency manipulators, we will crush you. And because we find your government rather difficult to deal with, please convey that message on our behalf.” 

Asia Currencies Politics Yuan

The Blackstone Group is looking for deals in India (BX, IFN & TTM)

Even though the economic news for India has been very negative lately with both diversified portfolios that focus on the country like the India Fund (IFN, quote) and Wall Street favorites like Tata Motors (TTM, quote) each down about 10% for the week, The Blackstone Group (BX, quote) announced recently that it would be investing $500-700 million there annually.

Asia India Mutual Funds Stocks