A look at one of Asia’s largest private equity firms, after one of its executives issued a sharp warning about China's economy.
From surviving the Cultural Revolution to ascending the highest echelons of the financial industry, Shan Weijian's savvy has carried him far. But the co-founder of PAG, one of Asia’s largest private equity firms, made headlines recently after his criticism of China’s management of the economy and its zero-Covid strategy found its way into the Financial Times.
In a leaked video of a private meeting with PAG’s fund investors, Shan is quoted as describing the Chinese economy as “in the w
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
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