Global Brands Turn to Private Equity as China Operations Come Under Pressure

Global brands turn to private equity as China operations come under pressure

International consumer and industrial groups are increasingly exploring partnerships with private equity investors to reshape or partially exit their China operations, according to a report by the Financial Times. The reports cites unnamed sources familiar with the situation as revealing that amid intensifying domestic competition, slower economic growth and geopolitical uncertainty weigh on prospects in the world’s second-largest economy, the o…