Chevening Scholarship

Stephen Schwarzman, behind the largest international charitable effort in China's history. Photo: Reuters

Schwarzman Scholars plan raises doubts over Beijing interference

Stephen Schwarzman is already renowned in the global financial community for Blackstone, the investment firm the American co-founded in 1985. He will also be remembered now as a good friend of China, after his launch of a US$300 million scholarship programme dedicated to the world's No 2 economy.