By Syndicated Content
Jan 19, 2021 7:38 AM
HONG KONG (Reuters) - Blackstone Group Inc Chairman Stephen Schwarzman said on Tuesday that the new U.S. administration was going to take a softer tone towards China, and that he expected lower tensions between the two countries.
Schwarzman, one of Wall Street s biggest donors to President Donald Trump s re-election campaign, was speaking at a finance forum in Hong Kong. There is really a very substantial overlap of interest in these countries and the interest of the world, he said. I expect to see much less tension.
Schwarzman s remarks came one day before President-elect Joe Biden s inauguration.
Blackstone Group Inc Chairman Stephen Schwarzman said on Tuesday that the new U.S. administration was going to take a "softer tone" towards China, and that he expected lower tensions between the two countries.