Investors turn to basic research as they face uncertainties in China

By Wang Fangqing

China’s tension between the US-led West, its down-sliding economy and the increasingly wayward policy making all added to the factors that made investors seek different ways to grow their businesses in the country, said speakers at ChinaBio partnering forum held on September 20 in Shanghai.

“Investors are getting extra conservative these days because of the fear of unpredictability. We had always had predictability until two years ago,” said Fay Xing, partner at Panacea Venture, a US dollar denominated fund with offices in the USA and China.