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HOME > PAST ISSUE > REPORTS [Premium content]April 2007
Venture capitalists and private equity players are looking to onshore investments in renminbi
Overseas venture capitalists with wads of renminbi have not been a familiar sight in China. Foreign-denominated funds contribute about 80% of China's venture capital funding and offshore-based US dollars tend to be the currency of choice.
The offshore structure has traditionally been more flexible and offered protection from laws and regulations unfriendly to venture activities. But this is changing.
Investors are shifting from US dollar-backed offshore vehicles and into onshore ...
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