China VCs have a big problem

BEIJING — In the years since Alibaba's U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it. Among China-focused investment firms, only four U.S. dollar-denominated venture capital funds established between 2015 and 2020 have at least returned investors all the money they put in. That's according to…

This story appeared on, .
The Entire Business World on a Single Page. Free to Use →