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China RMB zone needs more than regulation to promote private equity participation – opinion
July 19, 2012
China’s special economic zone in Qianhai has the potential to grow overseas private equity firms’ renminbi businesses, but funds need to tackle mainland attitudes in order to maximise the benefits.
The announced opening of China’s special economic zone in Qianhai, adjacent to Shenzhen and across from Hong Kong, offers an important coup for foreign investment firms, particularly private equity (PE) funds, that seek greater inroads to bolster their renminbi businesses....
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