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China’s cabinet wants to see government-led venture capital funds investing more in the country’s startups and vows to improve access for foreign capital

1 month ago
Sky Canaves
he push for greater state involvement in venture capital, a crucial source of growth in a sector neglected by banks, carries risks of creating a bubble that could burst, however.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.