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Over 90% of committed capital in China’s private-equity market came from state-backed investors last year, up from just under 79% in 2021, economist Michael Pet

BWB News TV • 2026-07-25 07:26 UTC • By Billy Odell Tucker-Robinson
Over 90% of committed capital in China’s private-equity market came from state-backed investors last year, up from just under 79% in 2021, economist Michael Pet
Over 90% of committed capital in China’s private-equity market came from state-backed investors last year, up from just under 79% in 2021, economist Michael Pettis said, underscoring the state’s growing role in private capital.
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