In the news: China boosts VC and launches $53B SOE reform fund, and Sony and Wanda tie up

September 27, 2016 | BY

Katherine Jo &clp articles

This week the State Council encouraged local governments to invest in startups, a Rmb350 billion fund for restructuring SOEs was established and Dalian Wanda partnered with Sony Pictures to finance and market movies

Promulgated: 2016-09-21

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China seeks to boost venture capital with new guidelines With China's economy expanding at the slowest pace in more than two decades, the government wants to create a more vibrant market with mature players. This initiative needs lots of