Inside China's state-backed $338b VC bounty for tech startups. Will the experiment pay off?

Inside China's state-backed $338b VC bounty for tech startups. Will the experiment pay off?

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su/Files

China is getting into the venture capital business in a big way. A really, really big way.

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