Lunar Monthly Update
Inflation is probably the largest, and most rational, challenge facing the Chinese economy today. We anticipated inflationary pressures while constructing the portfolio for our previous fund, LCP-2, and LCP-3’s initial investments in Pineapple and Jaw reflect, and are arguably benefitting, from this environment. As we embark on building the remainder of LCP-3’s portfolio, our stance […]
Lunar Monthly Update
We have been following the development of China’s 12th five year plan (2011-2015) with interest, as central government policy is a key driver of China’s economic development and the ability to align investment goals with high-level state objectives has generally been a positive tool for strategic planning. The plan will be announced in March and […]
