RMB fund vs. USD fund issue losing importance - AVCJ Forum
The internationalization of the renminbi is rendering the US dollar fund versus renminbi fund debate increasingly irrelevant, according to panelists at the AVCJ Investment Summit on Thursday.
Yibing Wu, president of private equity funds management at CITIC Private Equity, observed that the maturing China currency ecosystem is causing the dollar and renminbi worlds to converge in PE terms. This...
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