Regulatory headwinds in China did not douse venture capitalists’ enthusiasm in 2021. But market watchers are bracing for a potential pullback this year.
Venture capital deal activity in China reached a near-record high of $114 billion in 2021, according to the latest PitchBook report. Both deal value and deal count in China were the second-highest since 2015 — a heated private market despite various policy clampdowns imposed by Beijing. READ MORE