At 8.30am on Sept 16, from his office in New York, Mr Stephen Schwarzman, the global chief executive of US$684 billion (S$922 billion) private equity giant Blackstone, logged into a video call with Mr Fang Xinghai, the chair of Beijing's top financial regulator.
The timing of the China-US Financial Roundtable, an annual meeting between a handful of Wall Street veterans cherry-picked to speak with a small group of top Chinese officials, was awkward.
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