Financial Times:

Sources detail a bleak picture for startup founders in China; report: only 1,202 startups were founded in 2023 in the country compared to 51,302 in 2018  —  Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation

Financial Times:

Sources detail a bleak picture for startup founders in China; report: only 1,202 startups were founded in 2023 in the country compared to 51,302 in 2018  —  Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation

Source: TechMeme
Source Link: http://www.techmeme.com/240913/p12#a240913p12