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Money Machine Part 2: When Mao’s former barefoot doctor helped a US fund buy a Chinese state bank | South China Morning Post

Story summary

Shan Weijian, executive chairman of PAG Asia Capital, led the team that scored the first and only takeover of a Chinese bank by a foreign fund in 2005. San Francisco-based Newbridge Capital turned Shenzhen Development Bank from virtual insolvency into one of the country’s best-run and most innovative banks, ultimate…

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