24/06/2024
China's once-booming VC scene is facing a harsh reality. A dramatic decline in activity has led to a "winter" for startups and investors.
China's once-sizzling venture capital (VC) market is facing a harsh reality check, with a stagnant IPO market causing a full-blown "winter" for startups and investors alike. The world's second-largest economy is witnessing a historic downturn in initial public offerings (IPOs). During the first half...