Investment: China and Tpg

investment: Entering China in 1994, TPG is one of the earliest global private equity firms to witness the rapid development of China's enterprises, according to Global Times China. Thanks to years of fast economic growth, TPG's investment in China accounts for 30 to 40 percent of the gross investment amount in Asia so far, topping 3.5 billion US dollars in total, Sun said. From a macro perspective, China's economy still reported robust growth rate and innovation vitality despite downward pressure, said Chang Sun, managing partner of global PE firm TPG's China branch. With the country's economy continuing to upgrade and restructure, consumer retail, technology innovation, financial service and medical health are key areas of TPG's investment focus. In 2018, TPG and the limited partners it represented invested nearly two billion US dollars in China, adding to evidence that the restructuring of China's economy has brought promising investment opportunities to PE investors, according to Sun. (news.financializer.com). As reported in the news.