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CX Daily: Venture Capital in China Flounders as State Takes Over (Part 2)

Published: Jan. 24, 2025 10:14 a.m. GMT+8

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In Depth: Venture Capital in China flounders as state takes over (Part 2)

The growing drumbeat of complaints about the dominance of government guidance funds (GGFs) in China’s venture capital (VC) and private equity (PE) industry and the distortions they have created in the allocation of investment have finally prompted the country’s top policymakers to intervene.

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