Blackstone's Schwarzman on Strategy, Growth Outlook

Dec. 17 (Bloomberg) -- Stephen Schwarzman, founder and chief executive officer of Blackstone Group LP, talks about the private equity firm's growth strategy and market performance. Schwarzman, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers," also discusses the state of the U.S. political system and Blackstone's retail investment unit. (Source: Bloomberg)
China: What are the Global Concerns?
20:06 - China sought to ease concerns that its slowing economy could drag down global growth and signaled it won’t get dragged into tit-for-tat currency valuations. Emerging markets from China to Brazil have slid amid declining trade, mounting debt, falling commodity prices and a rising U.S. dollar.
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