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"Gold is the best safe haven amid rising global uncertainties as it offers extremely high returns and is easily tradable," said Huo Songling, secretary to the executive board of China National Gold Group Co Ltd, a centrally State-owned firm engaged in the mining and refining of gold, silver, copper, and molybdenum.
"For me, PE investing is meaningful and joyful. It is about sticking by my partners-from both the target company and JG-through thick and thin to reach the joint goal of creating value."
"From our point of view as a global leader, it's the right time to make significant investment in the Chinese sports nutrition market," he added.
"Foreign financial institutions, especially those in the US and the UK, will be quite interested in facilitating direct investment (in China). What we see at some of our large banking and capital markets clients is that this is the part where they have the most experience at providing and enabling so that becomes a more attractive part of the market than large corporate lending, which will be competitive with long-standing relationships, particularly among the State-owned banks and the SOEs," he said.
"For the rest of the world, China can play a role in relaunching the world economy," said O'Leary.