China witnesses a surge in global fund launches this year, propelled by a depreciating yuan and economic uncertainty, prompting investors to seek refuge in foreign assets. With eleven funds already introduced under the Qualified Domestic Limited Partner (QDLP) program, including offerings from industry giants like Blackstone and Oaktree Capital Management, demand for offshore products is on the rise. Weak domestic markets, marked by a faltering yuan and sluggish stock performance, are driving this trend. Alternative investments and foreign bonds are particularly favored by investors.