China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1325)	11/10/2003 5:46:53 PM
From: RealMuLan	Read Replies (1) of 6370

Carlyle parachutes into mainland China By Angela Mackay in Hong Kong Published: November 10 2003 4:00 \| Last Updated: November 10 2003 4:00 Carlyle Group, one of the US's largest private equity firms, has embraced the global fixation with mainland China and plans to open an office in Shanghai in the first quarter of 2003. Xiang-Dong Yang, managing director of Hong Kong-based Carlyle Asia Investment Advisors, said the firm had already started scouting for investments on the mainland. "Everyone prominent in the business is looking at a few deals, and that includes us," said Mr Yang. Another leading Asia-based private equity house said China was a tricky market "from a pricing point of view" but that it nonetheless holds "an undeniable fascination for us all". news.ft.com

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