Recent developments in the escalating US-China tech war signal that a full technology “decoupling” between the world’s two largest economies might be inevitable. So far, new measures have stifled sectors ranging from telecommunications equipment to social media. But is it chilling US VC activity in China? 

Two weeks ago, TechNode reporter Chris Udemans wrote that Chinese investments in US startups have fallen dramatically since 2018, the same year the US began to scruitizine Huawei and ZTE, two of China’s largest telecom manufacturers.

Overall US investment in Chinese startups—including deals made directly by US institutions or China-based venture capital (VC) firms investing in US dollars—has fallen since 2018, but this is in line with a broader cooldown in Chinese tech investment due to a slowing economy and growing financial headwinds.

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Wei Sheng

Wei Sheng is a Beijing-based reporter covering hardware, smartphone, and telecommunications, along with regulations and policies related to the China tech scene. Before joining TechNode, he wrote about...