An attendant holds a smartphone displaying the Didi Chuxing logo while explaining about the company’s taxi-hailing application to an attendee at the SoftBank World 2018 event in Tokyo, Japan. (Photographer: Kiyoshi Ota/Bloomberg)

China's Venture Capital Boom Shows Signs of Turning Into a Bust

(Bloomberg) -- China went through a five-year surge in venture capital investment that fostered a new generation of startups from ride-hailing giant Didi Chuxing to TikTok-parent Bytedance Ltd. Now...

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