Abstract
Abstract This article records the development of the private equity market in China. It presents some data on the structure, governance, and performance of China's private equity. It then notes the possibility that Asia may become increasingly dominant and one of the most relevant economic regions in the world as the twenty-first century progresses. It also studies the extent to which the changes in the private equity-related laws and regulations in China have affected the development of private equity in China. This article shows that since the Chinese capital markets still need to develop completely, private equity has mostly been an offshore activity. The capital markets for growth companies in China are also analyzed.
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