China’s economy is going through it. from almost zero growth in the second quarter and abandoned economic targets for ongoing lockdowns against COVID-19power crisis, housing crisis, concerns about the strength of its national currencywater scarcity, high youth unemployment and more, it’s a difficult combination for the world’s second largest economy – not even to mention a backdrop charged with geopolitical tension.
We want to know how the multiple issues are affecting Chinese startups. It would be easy to assume that Chinese tech start-ups are struggling. After all, performance figures for China’s major tech companies in recent months have been anything but encouraging. (News this morning that there is some movement on the issue of auditing Chinese companies listed in the United States, perhaps preventing a wave of delistings, is a welcome if not immediate positive change; we are monitoring the matter.)
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