Reported 4 days ago
China's Vice Premier He Lifeng met with Blackstone Chairman Stephen Schwarzman in Beijing, expressing the nation's openness to more U.S.-funded enterprises and long-term investments. He noted improvements in China's economic development and emphasized the importance of cooperation for strengthening China-U.S. economic relations. Schwarzman affirmed Blackstone's confidence in China's economy and its commitment to fostering market growth despite the firm focusing primarily on India for its new Asia private equity fund.
Source: YAHOO