China in Transition
Chinese Corporations: Navigating Economic Headwinds
- Navigating Economic Headwinds [3:01]
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Despite a slowdown in economic growth and uncertainty about US policy, the outlook for Chinese businesses remains positive, according to Kate Richdale, co-head of the Asia Ex-Japan Investment Banking Division at Goldman Sachs. Richdale explains that Chinese corporations are strategically navigating China’s economic headwinds to stay strong, in part by raising debt offshore and deploying cross-border M&A strategies.