A car park along the Huangpu River near Shanghai’s financial district of Pudong. Photo: Reuters
Warburg Pincus bets big on Chinese car park operator Sunsea
It estimated parking fees collected in China’s first- and second-tier cities will grow by an average 13 per cent during 2016-2021, to US$118 billion
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China property
A car park along the Huangpu River near Shanghai’s financial district of Pudong. Photo: Reuters