<article><p>Henry Kravis, co-founder of KKR &amp; Co., said China can sustain its economic bull run for a considerable period despite a slowdown in growth.</p></article>

<p>Henry Kravis, co-founder of KKR &amp; Co., said China can sustain its economic bull run for a considerable period despite a slowdown in growth.</p>
<p>“I think they can keep this going for a long time,” Kravis said at the Fortune Global Forum in Guangzhou on Thursday, referring to China’s growth. “As long as they can focus on the financial institutions, which is really key, and not let that get out of control, and keep the social harmony,” the world’s most populous nation can continue to grow, he said.</p>
<p>KKR, famed for its pioneering role in the leveraged buyout business in the 1980s, has raised $9.3 billion for its third Asia fund, amassing the biggest ever pool by a private equity firm in the region. In China, KKR is investing about $1 billion a year in equity, and is seeing opportunities in industries including food safety, environment and consumer finance, Kravis said.</p>
<p>As of Aug. 1, KKR has completed 26 investments from private equity to real estate in China, partnering with local companies. The firm has deployed more than $3 billion in Greater China since 2007 and recently opened an office in Shanghai, its third in the region after Beijing and Hong Kong.</p>
<h4><em>Bloomberg</em></h4>


Henry Kravis, co-founder of KKR & Co., said China can sustain its economic bull run for a considerable period despite a slowdown in growth.

KKR's Henry Kravis says China bull run can last a 'long time'

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

KKR's Henry Kravis says China bull run can last a 'long time'

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief