China’s startups hit by dramatic funding slowdown

China’s startups hit by dramatic funding slowdown in second half of 2016

China’s tech companies attracted a record high US$56.1 billion in disclosed investments in 2016, up from US$45.1 billion last year, according to the Tech in Asia Database.
Despite the blockbuster year, 2016 saw a roller-coaster in tech funding as early hubris was soon chastened by a dramatic slowdown. techinasia.com

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