[ad_1] On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its borders this spring following three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking the Bay Area. While these trips were routine before the pandemic, they have now taken on a fresh purpose. USD-denominated funds in China…
"Fate of US venture capital in China teeters on uncertainty"Tag: capital
[ad_1] NAIROBI, Kenya (AP) — Vultures scavenge for dead animals along a river turned sewer conduit in Kenya’s capital Nairobi. Its waters turn from clear to black as it traverses informal settlements and industrial hubs. The river and its tributaries cross Kibera, known as Africa’s largest slum with close to 200,000 residents, and other informal settlements. It skirts dozens of factories that manufacture textiles, liquor and building materials. Many have been accused by environmentalists of…
"Is there hope for a dying river in Kenya’s growing capital?"