Resumen de China's crackdown on illegal PE funds lacks steam.
This article reports that China Securities Regulatory Commission (CSRC) had inspected 305 private equity and privately-offered fund management firms in the first half of 2016. Topics covered include the number of individual funds involved in the inspection, the punitive action the CSRC has taken against a total of 73 private equity firms and one individual, and the regulation of private fund managers primarily by the Asset Management Association of China (AMAC) largely through self-regulation.
