Home Technology China’s tech mission capital funding plunges 77% YOY in Q1

China’s tech mission capital funding plunges 77% YOY in Q1

by Good News

The amount of mission capital funding invested in Chinese language tech corporations dropped by 76.7% year-on-year to $3.5 billion in the first quarter of 2022, in line with a Tuesday document from a authorities-backed assume tank, China Academy of Files and Conversation Technology. Moreover, the amount of mission capital funding in the first quarter of this year decreased by 42.6% from the fourth quarter of 2021…

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