Chinese investment in US tech companies hits new low as bilateral relations remain tense, report says squib

Chinese investment into US tech companies reached a new low in the first quarter of this year, with the tense relationship between the two countries showing little sign of recovery, according to a report by GP Bullhound, a technology advisory and investment firm.The UK-based company’s Asia Insights report showed that Chinese investors closed 11 deals worth US$400 million involving US tech companies in the first quarter, compared to 18 deals worth US$1.8 billion in the same period last year.Amid…
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