‘The worst is over’: Tech investors are bullish on investing in China again


“If there’s any caution, it will be because of the potential of new Covid strains and not potential government crackdown or regulatory constraints because that was already happening before Covid,” said James Tan, managing partner at Singapore-based Quest Ventures.

Quest Ventures’ Tan said what happened in China highlights the importance of diversification.

For example, iPhone maker Apple is diversifying its supply chain out of China, following Covid lockdowns and worker protests at its Zhengzhou plant which delayed production.

“With the doors now open, smart investors realize that they cannot put all of their eggs in one basket,” said Tan.

“I think we will see a lot more investments in key new areas strategic to China such as quantum computing, artificial intelligence and semiconductors, because the investments that need to go into the semiconductor industry is necessarily huge,” said Tan.


ION Mobility Closes US$18.7M in Series A Funding
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?