China venture capital investments rise to highest level in five years
Venture investments into mainland China boomed during the second quarter — hitting their highest level in five years.
The trend is likely to continue because of better tax treatment lately for foreign investors there.
Investors into private companies pumped nearly $1.37 billion into 71 deals, more than double the $662 million they invested in 69 deals during the same period last year, according to data released by Dow Jones VentureSource. One deal — the $430 million investment… Continue Reading