
A public disclosure issued by the Shenzhen government two days ago to calm the nerves of Chinese venture capital funds has had the opposite effect. VC funds in China become more alarmed by how fast the massive government guidance fund bubble in China is bursting. Details of the removal of 25 subsidiary funds and reduced capital commitment size of 12 other funds are new evidence of the challenges in China’s government-led tech investment boom.

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Want to read this important story?
Access thousands of news articles and data posts over the past 9 years!