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China Money Podcast: Venture Capital Deal Values Drop For Chinese Tech Startups

News Snapshot:

In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending July 30. Deal value in China dropped precipitously in the past five days compared to the week before. This week we counted 83 Chinese startups and growth-stage companies raising a total of US$1.395 billion in venture capital. But last week there were 84 companies who combined to raise US$2.28 billion. So with a nearly-identical number of deals each week, the past five days saw a drop of about 40% in average deal value. There were…

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