WASHINGTON, D.C. – Looking for a growth market in China? Try stock markets. 

The Chinese government is “going to have to build up bigger equity markets inside China to create the securities that pools of capital need to have,’’ Goldman Sachs Group chief executive Lloyd Blankfein said Thursday at the general membership meeting of the fund industry’s advocacy group, the Investment Company Institute.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.