Article: Blackstone opens Beijing office

Blackstone opens Beijing office

BEIJING, Aug. 4 (Xinhua) -- U.S. private equity firm the Blackstone Group opened its China office in Beijing on Monday to further expand its business in the country.

The office shows Blackstone's confidence in China and the domestic market, said chairman Stephen A. Schwarzman, also the chief executive officer and co-founder of the company.

Fu Shan, the ex-vice president of Beijing Mainstreets Investment Group Corporation, a Shenzhen-listed real estate investment firm, is the chief representative of the new office.

Antony Leung Lam-chung, the former Hong Kong financial secretary, is the chairman of Blackstone Greater China. He said that cooperation with ...

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