Government Credit Controls Are Preventing Chinese Firms From Investing In Tech Startups

The Chinese government is determined to prevent its entrepreneurs from moving large sums of money out of the country, to try to encourage them to reinvest their profits back into the domestic economy.

The strategy, however, is proving tough to enforce, and doesn’t always succeed in promoting Chinese interests abroad, it seems. Read more “Government Credit Controls Are Preventing Chinese Firms From Investing In Tech Startups”