We should worry about Chinese venture capital funding


Source: aei.org

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As the market-based confrontation between China and the West intensifies, we shouldn’t just focus on Chinese takeovers of innovative start-ups. Investments and venture capital funding are just as concerning. A couple of years ago, Chinese acquisitions of key tech firms were hardly on policymakers’ radar. Even last fall, when I organized an event on the subject, it was virtually an avantgarde matter. Then came COVID-19 and with it a Chinese performance notable only for its obfuscation and lack of cooperation with the rest of the world. That performance seems to have snapped both policymakers and the wider public out of...