摘要
Local Governments Risk Investment Conflicts NewsChina,Chinese Edition August 19,2024 Local governments in China have assumed roles in directing funds into advanced sectors such as semiconductors,biopharmaceuticals and Al.The inherent risks associated with venture capital and private equity mean that these governmentbacked funds-whether provided directly or through equity in sub-funds supported by private capital-often have too short a lifespan for companies to reach full maturity.
