If we could somehow connect oil prices or climate change to this, we’d have the trifecta.
First you’ve got your China, which is ubiquitous in the business news these days, and then you’ve got your Blackstone, which has been soaring in our Hoover’s Index rankings, month after month.
China is looking for something besides U.S. Treasury bills to invest in. Especially considering its imminent IPO, Blackstone looks to be about as blue-chip as it comes these days. Could be a marriage made in financial heaven.
Category: Finance & Real Estate, Globalization1 Comment so far
Leave A Comment
Subscribe to the RSS Feed
[...] at its future earnings by changing its effective tax rates. Chinese bloggers are angry about all the money the Chinese government plowed into the company when it went public. The financial world wonders if this means that private equity is on the [...]