Private Equity in China: Differences and Similarities With the Western Model
The Journal of Private Equity
Euromoney Institutional Investor PLC
The private equity industry has been widely examined in the U.S., and in Europe as well. But in Asia, unexplored despite the rapid growth of Asian capital markets in recent years. Even during the economic downturn of 1997, the industry in Asia added approximately $8.3 billion in capital. Nevertheless, it cannot be assumed that the Asian industry is comparable to the U.S. industry. Situational and cultural factors in Asia have created a private equity industry with its own unique characteristics.
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Bruton, G., Dattani, M., Fung, M., Chow, C., & Ahlstrom, D. (1999). Private Equity in China: Differences and Similarities With the Western Model. The Journal of Private Equity, 2(2), 7-13. Retrieved from http://www.jstor.org/stable/43503208