China VC Review 2020: New Funds Decline, High Valuations, And Mad Chip Investments

2020 was a year of reflection and challenges for China’s venture capital industry. China’s announced private equity and venture capital deals was RMB767.9 billion yuan in 2020, which is almost “halved” compared to 2019. The number of deals was 4,000, almost half of 2019’s 7,659.…

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