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Chinese Startups Raise $104.4bn VC Funding In 2021, Reveals GlobalData

<p><span>China’s regulatory crackdown on technology giants is not stopping the venture capital (VC) frenzy in the country. The VC market of the country in the wake of evolving regulatory landscape and COVID-19 pandemic surprisingly looks upbeat. Chinese startups raised $104.4bn, a growth of 48.9% year-on-year in 2021, finds GlobalData, a leading data and analytics company.</span></p>
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