www.altassets.com/news/arc/2008/nz13905.php -
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Published on: 1/1/2008
Last Visited: 10/18/2008
Brian Lim, portfolio director, CDC Group, said, ‘Investor confidence is growing in China and investment levels look set to rise during the rest of the year.
All four of our commitments are being made to domestic funds led by experienced teams with deep knowledge of the diverse and fast developing Chinese market.
‘Despite rapid economic growth in China, a third of the population continues to live below the poverty line.
Private equity investment has a significant role to play in creating a thriving private sector, creating sustainable employment and homes for China's increasingly urban population,' Lim added.