Bain Capital’s Kei Chua on China Market Opportunities

The real estate crisis has shaken up China’s $13 trillion credit market, but also created opportunities for investors that can be patient, Bain Capital’s partner Kei Chua says to Bloomberg TV’s Yvonne Man and David Ingles. While some international funds have pulled out of China in the wake of the property crisis, many foreign investors may come back once some corporate debt restructurings are completed. “We need to see some satisfactory resolution before foreign investors want to come back and refinance high yield,” he says. “The government are doing the right thing, but they are doing it in increments because again trying to avoid the moral hazard.”