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China’s growth is not in decline: here’s why
In 2010 China was the place of choice for foreign investment in the tech sector. Fast forward to today and it’s an IPO ghost town, with less money and deals than a mid-level casino. At the heart of this “decline” in foreign interest are a number of factors.
The Next Web states that political unrest, audit checks and internet censorship are but a few reasons for investor hesitation while Bloomberg pips rising employee and land costs as lowering China’s “attractiveness as a destination for foreign investors.” The proof is in the IPO-pudding and number of deals.
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