Is Xi Jinping Undermining China’s Path to Tech Superiority?

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Is Xi Jinping Undermining China’s Path to Tech Superiority? - The Diplomat

Quick Summary:

Once a vibrant hub for entrepreneurial activity, China’s startup scene is now facing significant challenges as venture capital funding drops.

Moreover, the government will need to strike a balance between regulation and growth to restore investor confidence, ensuring that venture capital can continue to fuel China’s entrepreneurial engine.

The recent decline in venture capital (VC) investment in China has far-reaching consequences, not only for the startup ecosystem but also for the broader Chinese economy.