VCs still see gold in China startups despite Beijing's tech clampdown
Industrial automation and deep tech remain hot themes, despite country's Internet platforms facing unprecedented pressure
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CHINA'S tech crackdown could extend into 2022, but venture capitalists are not zipping up their wallets. With the consumer Internet space in turmoil, they are refocusing on long-term themes, including automation and deep tech.
Despite the rout in Chinese tech stocks - worsened by Didi's move to delist in the United States - the private market is buoyant.
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