Followers of this column may not be all that surprised to learn that China venture fund-raising has climbed to U.S. levels, checking in at $50 billion in 2016 if RMB funds are included in the total.
Or that China has its own fair share of unicorn-financed startups, 30 percent of them in e-commerce but also extending to tech-intensive big data, the sharing economy, artificial intelligence and virtual reality.
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