China’s idea of time has few in common with the West’s and this can explain why China’s investing strategy often differs from the West’s. If one compares how the two invests, one can deduce that China invests more in the long-term and seems having more patience when it comes to reap profits from its financial participations in foreign companies.
This doesn’t mean Chinese businessmen care less about profits than their Western counterparts but if some more time is needed, that seems better admitted from a cultural standpoint. Most recently, Chinese conglomerate Fosun International Limited has acquired Guide Investimentos for USD 52 million, a Brazilian institutional brokerage and wealth management firm.
“Guide’s strategic focus on technology and innovation in distribution of financial (assets) will be coupled with Fosun’s strategy of combining China’s growth momentum with global resources,” wrote China’s largest holding company in a press release.
As “emerging Asia ranks significantly higher than emerging markets in Latin America and EMEA,” noted PIMCO’s Luke Spajic in July 2017, emerged China is rising as a global investor worldwide – Emerging Markets included – while the West keeps investing in China, further developing China’s capacities and fueling a virtuous circle that China seeks to capitalize on the most as a result.