Private Equity Firms Trapped in China, Struggle to Sell Assets
Private equity firms that amassed more than $1.5 trillion of assets in China in just two decades are now struggling to offload once-promising investments they were counting on for hefty returns.
https://mishtalk.com/economics/private-equity-firms-are-trapped-in-china-struggle-to-sell-assets/
Selling VMW is just an attempt to sell what they can still sell at a decent price.
The China cluster fu-k is just getting started
read less CNN, in CNN, BBC, china is collapsing every day in last 25 years.
Every headline demonizes china
if you say VMware,etc in china are in trap,
how about those exact same private companies in EU?
i am today year old to know that in those news "chinese authority" "regulator" is actually Anti-monopoly department. Why our news make people think it's something dark.
China still has a competitive edge in manufacturing, but other countries in the Asia-Pacific region are gaining ground ever since the supply chain issue during the pandemic.
Meanwhile, any PE company that was involved in the Chinese property development bo-m seems to be in real trouble as many builders are reporting they are at, or near, insolvency.
Next bubble?