Most of the stakes are small, reflecting China Investment Corp's strategy of avoiding politically sensitive acquisitions. But they highlight its growing presence in global markets as it invests a portion of Beijing's $US2.4 trillion ($A2.78 trillion) in foreign reserves. The holdings were

BHP Billiton Ltd. , the world’s largest mining company, sank 3.6 percent as commodity prices tumbled the most since August. Woodside Petroleum Ltd. , Australia’s second-largest oil and gas producer, fell 2.8 percent. Commonwealth Bank of Australia , the nation’s biggest lender by