[nl]

> For example, many funds (sequoia, light speed, etc) maintain separate independent China funds to which the Chinese are restricted.

Indeed. And look at the valuations those specific funds pay.

> It should be obvious to say, but a Chinese person cannot easily get wealth out of the country using a Chinese investment fund.

It's not easy for a rich person to move $100M either.

[fragmede]

What challenges are there in moving that kind of money around? I imagine if you're that rich you have a private banker that deals with any AML reporting that has to be done on $100M