Schwarzman Praises Obama Resetting China Relations

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June 6 (Bloomberg) -- Stephen Schwarzman, founder and chief executive of Blackstone Group LP, talks about U.S.-China relations and President Barack Obama’s plan to meet with China's President Xi Jinping tomorrow. Schwarzman said Obama's engagement with China’s new government is laying the groundwork for improved economic and military ties between the two nations. (Excerpts. Source: Bloomberg)

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