Since the introduction of the term “PE” into China from abroad around 2007, Rmb-denominated private equity funds (PEFs) have mushroomed in China and so have a number of cities that compete to attract such funds to their jurisdiction.
Tianjin pinches its PE rules
As one of China's preeminent fund formation hub cities, Tianjin is regarded by many industry participants as an influential barometer for other jurisdictions' private equity-related regulation. The city recently released new measures that enforce stricter supervision on a wide spectrum of fund formation, administrative and operation matters
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