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