Asian tycoons seek opportunities in western markets

This disappointment is echoed by institutional investors such as Alberto Forchielli, a prolific blogger and managing partner at Mandarin Capital, the private equity firm.
“The Chinese are disenchanted and think that the old bureaucracy that went into retirement with the current government was more capable than the one they have now,” says Forchielli, who describes the Chinese as speculative but prudent investors, prepared to spread their risk internationally. “As long as China offered higher marginal returns, they were willing to twist their portfolio more towards China, but now the game is over.”
“The Chinese think that the old bureaucracy that went into retirement with the current government was more capable than the one they have now”- Alberto Forchielli