Most of the attention has been fixed on China’s $1 trillion in reserves, and its efforts to maintain the value of those assets. Diversification from US Treasury bills by investing some $3 billion in the Blackstone private equity fund this summer was swiftly followed by an embarrassing collapse in value.
新兴盈余国家企图在储备资产上另辟蹊径的尝试也遭遇了不少麻烦。最引人注目的是中国1万亿美元的外汇储备及其维持这些资产价值的努力。为了从美国国库券以外开始多元化，中国今夏向黑石私募股权基金投入30亿美元，但很快就品尝到了投资贬值的尴尬。