Last August U.S. lawmakers passed the National Defense Authorization Act which was designed in part to stem Chinese acquisitions of strategic technology by requiring more stringent reviews of investments; in 2018 Chinese venture capital investments in U.S. startups reached $3.3 billion, a new record; the new rules have not been fully implemented yet so investment dollars could reduce once that happens; the new law means that more proposed investments by foreigners in technology companies must be submitted for review to the Committee on Foreign Investment. Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.