NEW YORK -- U.S. investment management firm BlackRock is stepping up its Chinese efforts, aiming to be a major player in the newly opened-up asset management market, CEO Larry Fink revealed Monday.
Investment giant sees Asia driving 50% of growth over next five years

BlackRock, which manages about $6 trillion in assets for clients globally, sees China as one of its biggest growth opportunities. © Reuters
NEW YORK -- U.S. investment management firm BlackRock is stepping up its Chinese efforts, aiming to be a major player in the newly opened-up asset management market, CEO Larry Fink revealed Monday.