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India aiming for China’s crown as Asia’s private equity powerhouse
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India toppled China’s long-held status as the world’s most populous country at the end of April. Now, dealmakers are starting to ask whether India might steal China’s crown as Asia’s largest private equity powerhouse too.
Strict Covid rules, crackdowns on private enterprise and worsening Sino-US tensions saw China’s share of Asia-Pacific deal value slide to a nine-year low of 31% in 2022.
India...
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