More Signs That China’s Massive Government Guidance Fund Bubble Has Burst

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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.

China Money Network

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