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