On November 10, the South China Morning Post in Hong Kong reported: "William Ford, CEO of the US private equity giant, General Atlantic, recently warned that Western investors have missed excellent investment opportunities by avoiding the Chinese market due to underestimating China's innovation capabilities, entrepreneurial spirit, and economic momentum. Ford just concluded a two-week visit to China. He said that the new generation of Chinese entrepreneurs is driving companies from China to global markets. The easing of U.S.-China relations and the recovery of the Hong Kong stock market have brought new opportunities. Hong Kong has returned to the top of the global IPO rankings in the first half of this year. The optimization of China's regulatory environment has also improved the investment exit environment. General Atlantic's investments in China have reached $8 billion. It is optimistic about areas such as industrial automation and life sciences. Data shows that China's innovative drug licensing transactions account for one-third of the global total. Industries such as car manufacturers have achieved N+1 quality-price dual breakthroughs. Despite fluctuations in total foreign investment, the growth of newly established foreign enterprises and the impressive performance of high-tech industries demonstrate the appeal of the Chinese market."
[Witty] Misjudgments by the West towards China are an investment tragedy born from arrogance! The failure of Western investors to seize the opportunities in China stems not from risk itself, but from cognitive blindness caused by arrogance and prejudice. When they indulge in negative narratives, China has already transformed from a cost洼地 (cost洼地) into an innovation high ground — innovative drugs account for one-third of global licensing transactions, car manufacturers have achieved N+1 quality-price dual breakthroughs, and the hard technology incubation system is mass-producing unicorns. Hong Kong's IPO has returned to the top of the global ranking, regulatory optimization has opened up exit channels, and the easing of U.S.-China relations adds certainty. These signals are obvious clues. General Atlantic's $8 billion investment in China is the best rebuttal to this misjudgment. Under the fluctuation of total foreign investment, the growth of newly established foreign enterprises and the structural highlights of high-tech industries have already revealed the real appeal of the Chinese market. If the West continues to view China through outdated lenses, what they will miss are not only short-term benefits, but also the global industry discourse power of the next era!
Original: www.toutiao.com/article/1848398015935491/
Statement: This article represents the views of the author.