Blackstone(US:BX) Shang Wu Bu Wang Zhan·2025-10-17 12:17Core Viewpoint - The meeting between Wang Wentao, the Minister of Commerce of China, and Stephen Schwarzman, the Chairman and CEO of Blackstone Group, highlighted the importance of dialogue and cooperation in Sino-U.S. economic relations, emphasizing that both countries should work together to resolve differences and avoid escalating tensions [2]. Group 1: Economic Relations - Wang Wentao stated that since May, the economic teams of both countries have held four rounds of talks, achieving significant consensus that has helped stabilize bilateral economic relations [2]. - Despite the progress, the U.S. has implemented multiple restrictive measures against China following the Madrid economic talks, which have severely harmed Chinese interests [2]. - Wang emphasized that China has the right to take necessary measures to firmly protect its own interests, advocating for equal dialogue and negotiation to resolve disputes [2]. Group 2: Importance of Communication - Stephen Schwarzman remarked that the Sino-U.S. relationship is crucial for both nations and the world, stressing the need for enhanced communication to eliminate misunderstandings and misjudgments [2]. - He noted that further escalation of tensions between the two countries is not in the interest of any party involved [2]. - Schwarzman expressed his willingness to act as a bridge to promote stable, healthy, and sustainable development in the economic relationship between the two countries [2].