China’s debt crackdown to spur M&A, says CDH Investments’ Hu

Hu Xiaoling has been eagerly waiting for China’s debt clampdown for more than a decade. Hu, a co-founder of Beijing-based alternative-asset firm CDH Investments, says some of her industry peers worry that China’s deleveraging campaign will sabotage private enterprise. But she thinks it will only harm companies that are overleveraged.