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

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

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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
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