Behind Schwarzman's $300M Pitch for Scholars

Behind Schwarzman's $300M Pitch for Scholars Play

June 7 (Bloomberg) -- Billionaire financier Steve Schwarzman seeks to join the ranks of Rhodes, Fulbright and other famous scholarships by putting up $100 million of his own money to help fund a one-year Masters program in China. Schwarzman aims to deepen the understanding of business in China and help shape the business partnership between the United States and China for the 21st century. Bloomberg's Julianna Goldman reports.

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