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.
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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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