Chinese investment in US startups peaks despite future uncertainty

Chinese Yuan. (Photo, Courtesy)

Chinese investors maneuvered around heightened geopolitical tensions to make record-level investments into U.S. startups in 2018, but increasingly hostile conditions will likely lead to a dropoff in Chinese funding for this year, according to a new report.

Chinese entities invested over Sh364b (USD3.6b) last year in U.S. companies, exceeding the previous record of over Sh283.36b (USD2.8b) in 2015, although the number of deals dipped to about 270 from more than 300, according to the report from New York-based economic research firm Rhodium Group.