Billionaire Peter Thiel said to be weighing options to invest in Chinese startups

Billionaire Peter Thiel said to be weighing options to invest in Chinese startups

Peter Thiel, co-founder of PayPal Inc., answers a question during a news conference at the National Press Club in Washington, D.C., U.S., on Monday, Oct. 31, 2016. Photographer: Andrew Harrer/Bloomberg

Peter Thiel is considering strategies to invest in Chinese startups as U.S. venture capital firms seek a piece of the country’s fast growing technology sector, people familiar with the matter said.

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