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After a 15-month freeze, IPOs have reopened in China, and many see a rough road for PE investors ahead.
Having recently seen its first domestic corporate bond default, closely followed by a second, China has many observers wondering about a change in their government's traditionally hands-on economic policy, and what that might mean for the global economy.
A narrowly defined Chinese financial sector ETF is trading at nearly half the multiple of the broad market.
Foreign companies in China now have to put in more effort than they used to. As for the Chinese economy, credit growth has started to slow…
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