(generated by Midjourney)
Why is China so dependent on US funding for its AI startups? China has a capital account surplus, so it should have no shortage of capital to invest in such startups.
It's more so who the LPs in the funds are (whether they are US funds or Chinese funds) - same dynamic plays out for international money in US funds.
Why is China so dependent on US funding for its AI startups? China has a capital account surplus, so it should have no shortage of capital to invest in such startups.
It's more so who the LPs in the funds are (whether they are US funds or Chinese funds) - same dynamic plays out for international money in US funds.