Beijing’s finance regulator has been courting some of the world’s largest private equity groups to keep investing in China, as the authorities seek to ease foreign investors’ concerns over faltering growth and unpredictable policymaking.
Fang Xinghai, vice-chair of the China Securities Regulatory Commission, addressed executives from more than 30 global venture capital and private equity firms at a rare symposium on Friday to discuss investment in the world’s second-biggest economy, five people with knowledge of the meeting said.
Executives from KKR, Blackstone, Carlyle and Warburg Pincus attended, as did Neil Shen, founder of Sequoia Capital’s China unit, which is being spun out and renamed HongShan.
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