TLDR:
- Primavera’s founder urges optimism in the face of a “brutal” downturn in the Chinese PE industry.
- He highlights China’s increasing capacity for innovation and world-class manufacturing capabilities.
At the recent HKVCA’s Greater China PE Summit, Primavera’s founder emphasized the importance of maintaining optimism as the Chinese private equity industry navigates through a challenging downturn. Despite pessimistic views about China’s economy, he pointed out the country’s growing capacity for innovation and its world-class manufacturing capabilities. The founder’s message was one of resilience and adaptation in the face of adversity, urging industry professionals to focus on the positives and opportunities for growth in the changing landscape of the Chinese PE sector.
