<figure><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i4GUXjnxeiNo/v4/-1x-1.jpg"><figcaption><div><p>Source: Bloomberg, 15:18</p></div><div></div></figcaption></figure><p>A shift in Chinese capitalism over recent years means local governments are increasingly taking minority stakes in private companies.</p><p></p><p>Bloomberg&apos;s Laura Carlson reads &quot;How China&apos;s Communist Officials Became Venture Capitalists.&quot;</p>

A shift in Chinese capitalism over recent years means local governments are increasingly taking minority stakes in private companies.

Bloomberg's Laura Carlson reads "How China's Communist Officials Became Venture Capitalists."

China's Venture Capitalists

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