Once upon a time – not all that long ago, actually – US and European companies were queueing up to buy stakes in their Chinese counterparts. Often this was at the urging of their investors, keen for indirect exposure to the world’s biggest consumer market when the direct variety was less accessible than today. But time flies. The trend of a decade and more ago is now being unwound as US and European companies retreat in the teeth of economic upheaval and regulatory changes. Many now have tiny minority stakes in their original investments. The question is what to do with those stakes.
曾几何时（其实没那么遥远），欧美企业都排着队想买他们manbetx3.0 同行企业的股份。它们往往在投资者的鼓动下（当年的直接投资途径比现在更不畅通），积极开辟面向manbetx app苹果 人口最多消费市场的间接敞口。但时过境迁。十几年前的趋势正在逆转，美欧企业正从manbetx20客户端下载 动荡和监管变化的风口浪尖上撤退。许多公司现在在最初投资中仅持有少量的少数股权。问题是，该拿这些股份怎么办。