A Top China VC Threatens to Scale Back Investment in U.S.
- Kai-Fu Lee says geopolitics is hurting investing opportunities
- U.S. regulation on foreign investments is most “worrisome”
This article is for subscribers only.
Kai-Fu Lee, a prominent Chinese venture capitalist and former president of Google China, said his investment firm may scale back in the U.S. if relations between the two countries deteriorate further.
Lee, the chairman and chief executive officer of Sinovation Ventures, said his firm would likely try to lure talent from the U.S. to China instead of investing in American businesses. Lee said his next steps will hinge on a planned meeting between Chinese President Xi Jinping and U.S. President Donald Trump at the Group of 20 nations summit in Buenos Aires. Lee didn’t specify what would need to happen to forestall his retreat.
Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal
LEARN MORE
Up Next
A Top China VC Threatens to Scale Back Investment in U.S.