A GC team has just returned from Hong Kong, where we held discussions with a series of private domestic and foreign investors about the outlook for China. Many pointed out how private investment, from both domestic and foreign sources, is declining just as China needs more of it. Geopolitics is partly to blame, but an uncertain domestic political environment is also holding back private sector activity. This is increasingly being referred to as a key reason China’s long-term growth outlook is weakening.

Listen to a recording of our discussion with new Senior Adviser David Skilling on the Global Counsel Podcast.