US venture capital in China tumbles as tech decoupling deepens, report says


US venture investment in China is expected to plunge to a six-year low for 2019, as a deepening technology decoupling between the two countries rips apart early-stage deals.The volume of American venture capital investment in Chinese start-ups is estimated to fall to less than US$4 billion in 2019 from its peak of US$17.4 billion in 2018, according to a report published by Rhodium Group and the National Committee on US China Relations on Monday.The retreat was attributed to a combination of a…

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