Investors rush to fund China tech start-ups

The Straits Times

The Straits Times interviewed two venture capitalists in China, GGV‘s Jenny Lee based in Shanghai and Quest Ventures’ James Tan based in Beijing, for their thoughts on the funding landscape in China, and the opportunities and risks that are present in this gold rush.

“According to research firm Preqin, private investors had poured around US$26.2 billion (S$35 billion) into 796 Chinese tech firms as of the middle of this month.

Beijing-based James Tan… find Chinese tech firms to be very good at localising new ideas from Silicon Valley and achieving superior results on the mainland.”

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