Carlyle wary of new China deals as it braces for tepid recovery

Carlyle wary of new China deals as it braces for tepid recovery

A woman walks past the building that houses the Carlyle Group LP headquarters in Washington, D.C., U.S., on Wednesday, April 11, 2012. Photographer: Andrew Harrer/Bloomberg

Carlyle Group, which has $3.25 billion invested in China, is wary of new deals in Asia’s largest economy as it primes its portfolio companies for a tepid recovery in a world still reeling from the coronavirus.

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