US dollar banknotes and Chinese one-hundred yuan banknotes are handled at a money exchange shop in Causeway Bay. Photo: Roy Issa

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

  • US venture investment in China is expected to plunge to a 6-year low for 2019, to less than US$4 billion, just one year after peaking at US$17.4 billion
  • Widening US-China technology rift ripping apart early-stage investment, according to report by Rhodium Group and the National Committee on US China Relations
Topic |   China economy

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US dollar banknotes and Chinese one-hundred yuan banknotes are handled at a money exchange shop in Causeway Bay. Photo: Roy Issa
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Jodi Xu Klein

Jodi Xu Klein

Jodi Xu Klein is an award-winning business journalist with 20 years of experience. She joined the Post in 2017, after a decade based in the US reporting for The Wall Street Journal and Bloomberg. She was part of the Time Magazine team that won the Henry R. Luce Award, breaking the China SARS story.