China PE still attractive despite tighter regulatory scrutiny

China’s booming private equity industry is facing tighter scrutiny from regulators, but investors are still drawn to its higher returns and unique sector opportunities, driven by the country’s new economy. Chinese regulator the China Securities Regulatory Commission (CSRC) recently stressed that private equity in China should focus on its original purpose of supporting innovation and startups. CSRC chairman Yi Huiman noted in an August 30 media speech that the regulator will crack…