Private Equity in China 2013 - The Opportunity & The Crisis
New leaders and old tendencies were confirmed at the NPCC Party Congress in China in March this year. The incoming leadership team, led by Party Chairman Xi Jinping, signaled its approval of a powerful new surge in government spending and investment to underpin gdp growth. Yes, we've seen this before. But, the circumstances now in China are far different than they were just two years ago, and more perilous.