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O’Melveny’s Zhang Quoted in The Wall Street Journal on Current State of Private Equity in China

March 29, 2013

The March 28, 2013, Wall Street Journal Private Equity Beat blog post “China’s Governing Bodies NDRC, CSRC Tussle Over Private Equity,” reports that the National Development and Reform Commission (NDRC) and the Chinese Securities Regulatory Commission (CSRC) are at odds regarding regulating private equity in China. Commenting on how the NDRC would enforce its ruling, O’Melveny & Myers LLP counsel Xuan Zhang told WSJ “the economic planner is likely to name and shame any offending private equity firm on its website, which could impact a manager’s future fundraising efforts.”