More HNWIs in Asia are exploring private deals in ventures that target middle class growth in China, notes Deutsche Bank Asset Management, in the belief that the country can shrug off its current slowdown and successfully transition to a consumption-led economic model. “Whether China hits its GDP target or not, the fundamental reality is that you have a large middle class…
Chinese PE luring Asian HNWI interest in spite of downturn
25 February 2016
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