China Launches $21 Billion Venture Capital Push to Accelerate ‘Hard Tech’ Self-Reliance

China has taken another decisive step to deepen its push for technological self-reliance, launching three massive state-backed venture capital funds aimed squarely at “hard technology” sectors seen as critical to long-term economic and national security goals. State broadcaster CCTV reported on Friday that the capital contribution plans for the funds have been finalized, with each … Continue reading China Launches $21 Billion Venture Capital Push to Accelerate ‘Hard Tech’ Self-Reliance