China’s $856b startup juggernaut causes headache

China’s $856b startup juggernaut causes headache

People visit the Bund in front of Shanghai's financial district of Pudong in Shanghai, China September 28, 2017. REUTERS/Aly Song/Files

If you’re impressed by Masayoshi Son’s $100 billion Vision Fund, China’s $856 billion in “guidance funds” will blow your mind.

The country is quickly becoming a major player in the venture capital world. This year, Chinese investors are involved in over $90 billion worth of deals, second only to the U.S. and up from only $11.5 billion five years ago.

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