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Economy

China needs transparent policies: Blackstone Group CEO

Blackstone Group CEO Stephen Schwarzman

HONG KONG -- With the slowdown of the Chinese economy and plummeting crude oil prices, the future of the global economy has become increasingly uncertain. Markets around the world are also in a tailspin.  It is still not clear where the global economy as well as markets are heading. The Nikkei Asian Review recently sat down with Stephen Schwarzman, CEO of major U.S. investment fund Blackstone Group, to shed light on these matters.

Q: People in the markets are worrying about the future of the Chinese economy. 

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