PE fund managers in China welcome regulator's entry

08/28/2013 | AsianInvestor.net

The China Securities Regulatory Commission's move to generate new legislation to regulate private equity funds is being welcomed by the industry as a way to build up trust and business. The legislation would give the CSRC authority to "regulate and manage every kind of private equity fund" in cooperation with the National Development and Reform Commission, according to a CSRC official.

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