Anon Archived Chinese tech investors flee Silicon Valley as Trump tightens scrutiny (reuters.com)
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Anon Archived Chinese tech investors flee Silicon Valley as Trump tightens scrutiny (reuters.com)
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https://archive.ph/SWbU8 :
'Peter Kuo, whose firm, Silicon Valley Global, connects Chinese investors with U.S. startups, said his business has slumped dramatically. '
'Just the threat of that scrutiny has caused some Chinese investors to reconsider. '
'Chinese investors, including big family offices, have walked away from transactions and stopped taking meetings with U.S. startups. '
'Adding to Silicon Valley’s anxiety, the Federal Bureau of Investigation has taken a more active role in policing Chinese investment. '
'The new rules are still being finalized, but tech industry veterans said the fallout has been swift.“Deals involving Chinese companies and Chinese buyers and Chinese investors have virtually stopped,” said attorney Nell O’Donnell, who has represented U.S. tech companies in transactions with foreign buyers. '
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