Fate of US venture capital in China teeters on uncertainty

[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"