‘Common prosperity’ policy driving up standards
With over 20 years managing money in China, I have seen significant changes both in the corporate and investment environments. One of the biggest shifts that have occurred is the fact that China is not short of investment capital. A couple of decades ago, attending an IPO presentation was a major event with companies keen to impress investors. Now, these events are mainstream and very heavily attended, confirming no shortage of investor interest.
A further relatively recent development has been the increasing adoption by Chinese companies of ever-higher standards, particularly in relation to environmental protection and employment practices.
