Inrecentyears,China’sprimaryinvestmentmarkethasbeenundergoinganunprecedentedtransformation,characterizedbyawaveof“nationalization.”Thisshiftisnotonlyevidentinthedominanceofstate-ownedcapital(LPs)inRMBfundsbutalsointhesignificantchallengesfacedbyforeignUSDfundsoperatinginChina.ThischangeisreshapingCh
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