Property News · March 18, 2018

IDG Capital targets China’s consumption shift in real estate investment strategy


IDG Capital, one of China’s first venture capital firms, is targeting the country’s shift towards a consumption-driven economy in its real estate investment strategy, seeing value in long-term tourism and health care projects.
Zhai Ping, a partner with IDG Capital, said in an interview that the company had found success in previous tourism projects, where it offered both operational expertise as well as investment in physical infrastructure, and was looking to expand the approach….

Source : South China Morning Post
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