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Blackstone sees big opportunities in China’s property market

Posted on 23 April 2013

The head of Blackstone, the world’s largest alternative investment fund, sees a big opportunity in Chinese real estate.
Stephen Schwarzman, who left Lehmann Brothers to build Blackstone from a six-figure company into the $210 billion behemoth it is today, believes that while there are some troubles in China’s economy there are big gains in distressed real estate………………………………………..Full Article: Source


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