Tag: Chinese VC
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Chinese VC investing plummets
Venture capital investment in China (Chinese VC) plunged by 43% to $165 million in first-quarter 2005, hit by legal uncertainties that a foreign exchange regulation created, according to a survey by Beijing-based consulting firm Zero2IPO Ltd. A total of 28 VC investors sank $165 million into 35 Chinese companies in the first quarter, of which…