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Inflection Point

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Growth Equity Investing in China - Is There a Recipe for Success?

Shanghai is reopening, but again, the focus was on consumption and evolution of the middle class. They just want their people to get jobs, to spend money and to live the life that we pursued from 1970 to 2020. And I actually, I love the story of Shantan D. The slum was notorious because the ratio of toilets to people was one to 40. There was one toilet for every 40 people in Shantan D; doesn't seem like a recipe for success.

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