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Private equity houses keep faith in China despite business crackdown
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fnlondon.comFor the last fortnight, China has been celebrating the Year of the Tiger, a symbol of the country’s culture that is said to represent courage, bravery, competitiveness and confidence.
Private equity firms might well be hoping to channel those same qualities this year, as a business crackdown from authorities in Beijing raises questions for buyout shops with exposure to the world’s second largest economy.
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