Artificial intelligence promises to have a dramatic--and yes, disruptive--effect on U.S. education and jobs in the next decade. Chinese companies are increasingly playing a role in the tools that we call "AI."
Danhua Capital has made considerable investments in a couple of Silicon's Valley's startups which are deemed highly promising in fields such as artificial intelligence, cybersecurity, and drones. Over 20 Silicon Valley venture capital firms share strong ties and have direct access to either a Chinese-owned entity or funds from the Chinese government.
Zhang's VC firm has caught the U.S. administration's attention for being the recipient of Chinese state funding. Danhua Capital is listed as an example of China's "web of entities" established in Silicon Valley "to further the industrial-policy goals of the Chinese government."
In a fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Zhang was an award-winning professor of physics at Standford University.
The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion investment giant expands in one of the world's most vibrant tech markets.
China's venture capitalists are changing their game. Where it's previously been difficult for foreign startups to get Chinese VC funding, Chinese VCs are beginning to look at foreign-born startups with significant interest.
Jim Breyer, an early investor in Facebook and the cryptocurrency Ethereum, thinks investors should reset their expectations when it comes to returns on venture capital in China. Here's why.
China is increasingly anxious to attract foreign investment as the rate of growth in the world's second-largest economy cools, partly as it feels the impact of U.S. tariffs.
"The trade war, I think, can be worked out," the billionaire investor Dalio said. "History has shown there's a concept called the 'Thucydides Trap'" that indicates conflict.
Amid growing concerns that China is creeping closer to becoming competitive with the U.S. tech industry, a new pilot program will grant the government increased ability to intervene into lucrative foreign investments in Silicon Valley.