[PGR88]

has begun a major initiative in China. On Aug. 30 it launched a set of mutual funds and other investment products for Chinese consumers.

Blackrock is looking to sell Chinese investments, to Chinese investors. Their efforts are about tapping the LOCAL investment market in China, in RMB currency.

I personally don't think Blackrock's efforts will come to much, and in China, you are always the CCP's prison-byatch, but once again, Soros spins and lies. If Soros hates China, China must be doing something right.

[Jan_Sobieski]

Soros spins and lies. If Soros hates China, China must be doing something right.

George Soros was also ostensibly GW Bush’s greatest opponent, however W did everything Soros wanted and they probably pal around today with the Clintons.

[9YearLurker]

It is quite possible to have a squabble without honor between thieves.