Chinese investment in US startups peaks despite future uncertaintyChinese Yuan. The law “could yet have a chilling effect on future investment,” the report cautioned. Chinese investors, including big family offices, have walked away from transactions and stopped taking meetings with U.S. startups, Reuters has reported. The opacity of venture capital, a business with few required disclosures and layers of funds to conceal the source of money, makes it difficult to quantify the precise level of Chinese investment. Also, Chinese venture capitalists have tried to steer clear of the technology CFIUS is closely probing, such as artificial intelligence, data analytics and cyber security.

Source: Standard Digital May 08, 2019 07:09 UTC