China Investment Corp has now sold its equity holding in Blackstone Group, the giant US private equity firm, exiting an 11-year old investment. Photo: Reuters

China sovereign wealth fund CIC sells stake in Blackstone after 11-year investment

The sale, for which terms were not disclosed, comes amid rising trade tensions between the US and China

Topic |   China Investment Corporation

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China Investment Corp has now sold its equity holding in Blackstone Group, the giant US private equity firm, exiting an 11-year old investment. Photo: Reuters
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