Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg
Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg
Tech /  Start-ups

China’s tech investments continue to slide, dragging down global activity in venture capital sector

  • The World Bank expects China’s economic growth to slow to 6.2 per cent in 2019 from 6.6 per cent last year

Topic |   China technology
Sarah Dai
Sarah Dai

Updated: 10:16pm, 5 Jul, 2019

Why you can trust SCMP
Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg
Investments targeting the country’s ‘new economy’ continued to slide in the second quarter, down 62 per cent year on year to 154.3 billion yuan (US$22.4 billion). Photo: Bloomberg
READ FULL ARTICLE