Compass Investments China rejects claims it blocks startup funds but foreign

📌 China rejects claims it blocks startup funds but foreign capital continues to exit Chinese data centers – China has denied claims that it is discouraging local tech companies from taking foreign investment, despite continued withdrawals by international investors from major sectors. Li Chao, a National Development and Reform Commission official, stated on May 22 that the government has never

China denies claims it blocks startup foreign funding; NDRC official Li Chao said on May 22 Beijing has never discouraged local firms from taking foreign investment. Yet foreign capital keeps exiting Chinese data centres and major sectors, and some funds shift to Bitcoin. #Macro Insights# #China. Bitcoin

$BTC

China denies claims it blocks startup foreign funding; NDRC official Li Chao said on May 22 Beijing “has never” discouraged local firms from taking foreign investment. Yet foreign capital keeps exiting Chinese data centres and major sectors, and some funds shift to Bitcoin. #Macro Insights# #China