
What to do in China?
The recent news that China's State Administration of Foreign Exchange has granted the $3 billion RMB foreign exchange quota necessary to kick off the Qualified Institutional Limited Partner (QFLP) scheme in Shanghai seems to have sparked off quite a few conversations around town.
And aside from the response that the whole development is overhyped, many of the conversations are turning to the more irksome question of what foreign private equity players, GPs or LPs, can and should...
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