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In Depth: Impatient State Investors Hamstring Drive for ‘Patient Capital’ to Lead Growth

By Yue Yue and Qing Na
2024年10月17日 20:54
Investment in emerging sectors is at odds with officials’ annual assessment cycle and low risk tolerance

While China is calling on “patient” capital to drive growth in favored industries, the state investors who should have been a cornerstone of this effort are demanding quick returns on their venture capital (VC) and private equity (PE) investment, according to industry insiders.

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