One of the many statistics associated with China's economic rise is the claim that it used more cement in a three-year period than the US did in the entire 20th century.
If the last statistic was about cement, the next will probably be about pensions.
Yesterday, in an interview with Larry Fink, FTfm provided the latest insight into BlackRock's plans in China. The asset manager is "very engaged" with local regulators as it tries to take control of a local investment group.
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