VC investments from China down by 66% in 2020, startups to feel the heat

China, which was ranked third on the PE/VC investments by country of investors, in 2019 fell to the sixth position in 2020

Private equity and venture capital investments from China have dropped nearly 66 per cent so far this calendar year to $909 million from $2.69 billion in the corresponding period last year.

There was also a concomitant fall in the number of deals to 30 till September 17, 2020, from 35 a year ago. A major chunk was venture capital investments, defined as investments in companies that are less than 10 years old. 

According to the data from Venture Intelligence, of the 30 deals reported in the period under consideration, 24 were VC investments and totalled $216 million. Last year, VCs accounted for