Since then, Chinese venture funding in US startups has slowed to a trickle, interviews with more than 35 industry players show. US President Donald Trump signed new legislation expanding the government’s ability to block foreign investment in US companies, regardless of the investor’s country of origin. “Deals involving Chinese companies and Chinese buyers and Chinese investors have virtually stopped,” said attorney Nell O’Donnell, who has represented US tech companies in transactions with foreign buyers. Chinese investors, including big family offices, have walked away from transactions and stopped taking meetings with US startups. It declined offers from Chinese investors last year after accepting cash from Beijing-based TAL Education Group as part of a financing round in 2017.

Source: Taipei Times January 08, 2019 15:56 UTC