China reshapes the world?
China's rise to private equity superpower status is the subject of much comment in AVCJ lately and elsewhere; but one less immediately obvious implication is the prediction made by David Patrick Eich of Kirkland & Ellis, that “China will have a profound impact on private equity every place else.”
Given a little reflection, it seems obvious enough. If China is already the world’s Number Two economy, and predicted to overtake the US by 2027 as the world’s largest economy by total nominal GDP...
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