On June 3, in BOAO Forum for Asia International Capital Conference held in London, renowned private funds tycoons across the globe from capital companies such as the Blackstone Group, Goldman Sachs, KKR & Co and TPG had the discussion on how to invest in China. It was agreed that:
(1). Chinese economy is in the transitional period and capital flow is speeding up in the markets. China now is not only a manufacturing centre but also becoming a prime place where private funds invest.
(2). China is presently not lacking in capital but experience. Hence, it is insufficient for private funds to only take capital to China, and experience in finance service and enterprise management will be needed to improve enterprise value.
(3). Entering Chinese markets shall follow “Chinese Characteristics” and “China National Condition”. Every country has its own development mode, so Chinese different regions have different decision ways. Therefore, London experience can not be copied as it is and flexible means should be adopted. Even though you trust China, do invest bravely and handle quickly, and don’t let grass grow under your feet.
Professionals predict that China would be “the first prime place” International Private Funds invest in.
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