Private equity deals in Asia plunged 44% in 2022, as investors' appetite for risk fell in the face of inflation and geopolitical tensions. The report also stated that Deal value in Greater China fell by 53%. China and India accounted for a drop of $35 billion in total deal value for large growth deals for the year. While internet and technology remained as Asia-Pacific's largest investment sector, it also saw a decline from the previous year.

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