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How China has ‘throttled’ its private sector (www.ft.com)

submitted 2 months ago by [email protected] to c/[email protected]

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"Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation"

Posted in technology as most of the funded companies are into technology. The most shocking piece is arguably the number of funded company pear year with a clear peak in 2018 which is 50x (!) more than last year, 2023.

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[–] [email protected] 3 points 2 months ago (1 children)

Fake article

[–] [email protected] 1 points 2 months ago

Please clarify, as I asked in https://lemmy.ml/post/20245112/13688624 I don't see how that's relevant. They are sharing opinions from startup CEO or numbers that are about large "old" (much earlier than the boom, e.g Ant, Shein, ByteDance). That's certainly interesting but does not contradict figures from the article.