Financial Times FT.com

Need to adapt in cautious China

By Sundeep Tucker - On Asia

Published: October 7 2006 03:00 | Last updated: October 7 2006 03:00

How can foreign investors best access the vast growth potential of China? It is a conundrum facing giants and minnows alike, now that Beijing has decided to adopt a more cautious approach towards certain inward investment.

Citigroup, the US bank, and Carlyle, the US private equity firm, are among the bigger beasts to have been caught in the crossfire of a debate over the merits of allowing foreigners to control "strategic" mainland businesses.

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