Mark Qiu, former investment banker and latterly CFO of CNOOC, talks about his new private equity venture focused on China.
How did the idea for China Renaissance Capital Investment come about
Qiu The whole thing came out of discussions I had with various businessmen in China after my announced departure from CNOOC. Through these discussions I identified a theme which is that China's fast growth has created the perfect conditions to create the blue chips of tomorrow. China has driven, smart people and they are running successful businesses. And by virtue of its stage of development, China has more opportunities.