Onshore Sino-JV model described as dead
Both foreign and mainland fund houses see the old onshore joint-venture model as obsolete, AsianInvestor’s Art of Asset Management conference hears.
“The JV model for asset management in China is dead, but the JV model for Chinese companies going outside [of China] is still alive,” Young Zhao of Haitong international AM told an AsianInvestor conference this week.
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