Source: China – South China Morning Post“The tide has turned” for China’s private enterprises, said analysts with Goldman Sachs, as regulatory restrictions are being lifted to help non-state firms pursue breakthroughs in cutting-edge technology and expand their international presence.
The private sector’s “animal spirits” are making a return, with investment patterns suggesting a renewal led by capital expenditure, more aggressive overseas expansion plans, research and development spending and heightened fundraising activity, the…Read More