Reported 24 days ago
China's startup landscape has seen a staggering decline, with only 260 new companies founded this year compared to over 51,000 in 2018, attributed to a drop in venture capital funding and strict government policies. The entrepreneurial spirit is dimmed as both domestic and international investors pull back, leading to state-run funds dominating the market. Experts express concerns over the impact of these changes on innovation and risk-taking in the industry.
Source: YAHOO