US Venture Capital Investment in China

Posted 7/21/23

As lawmakers raise questions of whether restrictions should be imposed on US investment in China, the Select Committee on the Chinese Communist Party is launching an investigation into US venture capital firms’ investment in Chinese cutting edge technologies.

Committee Chairman Mike Gallagher (R-Wisc) and ranking Democrat Raja Krishnamoorthi (Ill) sent letters to four US venture capital firms – GGV Capital, GSR Ventures, Qualcomm Ventures and Walden International – demanding information about the firms' investments in Chinese artificial intelligence, semiconductor and quantum companies.

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