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VC, private equity firms looking overseas for opportunities in China

Updated: 2012-08-03 07:50
By Cai Xiao ( China Daily)

Venture capital and private equity companies that concentrate on opportunities in China are now looking to invest in foreign companies, especially those with plans to expand in China.

The cash-rich companies' overseas forays are coming as opportunities in the Chinese market become less common amid the country's worst economic slowdown in nearly three years.

A Capital, a Beijing-based European private equity firm that invests in European companies, is trying to raise up to 500 million euros ($613.6 million) from Chinese investors such as China Investment Corp, the country's sovereign wealth fund.

VC, private equity firms looking overseas for opportunities in China

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