23.04.2013 - Blackstone sees big opportunities in China’s property market
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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