Research: the value of VC deals in China fell 44% YoY to $24.7B in the first four months of 2022, which is nearly four times the pace of the global slide (Jane Zhang/Bloomberg)

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Jane Zhang / Bloomberg:
Research: the value of VC deals in China fell 44% YoY to $24.7B in the first four months of 2022, which is nearly four times the pace of the global slide  —  China, once the primary rival to Silicon Valley's technology success, is now leading the global decline in venture capital investments.

from Techmeme https://ift.tt/HrMLXsZ