Amid China’s tighter scrutiny and regulatory crackdown of various sectors, there has been a sharpened focus on ESG — a form of sustainable investing that takes into account environmental, social, and governance aspects — according to panelists at DealStreetAsia’s Asia PE-VC Summit 2021.
Beijing has introduced a spate of crackdowns on various sectors — edtech and crypto trading to gaming — wiping out billions of market capitalisation from some of the top companies in the country.