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Thursday, April 18, 2024

Silicon Valley Venture Capitalists Are Breaking Up With China

Under intensifying scrutiny from U.S. lawmakers, top firms have pulled back from investing in Chinese start-ups. DCM Ventures, a Silicon Valley venture capital firm, began investing in China’s start-ups in 1999. The move reaped such blockbuster returns that in 2021, DCM said it planned to “double …

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