Michael Pettis and Prakash Melwani on the hot-button issues for private equity

The US-China relationship and the roles of both super-powers according to Michael Pettis

We speak to Michael Pettis, Professor of Finance, Guanghua School of Management at Peking University about the US-China relationship that is in a state of definitive flux. 'People pay too much attention to Donald Trump.'

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What are the hot-button issues affecting private equity today & into the future?

The biggest change in the industry in the past 30 years is that 'private equity can improve the profits of a company, make additional acquisitions and buy it on that multiple,' says Prakash Melwani, Managing Director & Chief Investment Officer at Blackstone. But where are we heading in the near future?