Illustration of a tusimple autonomous driving truck

By Doug Young & Rene Vanguestaine

China is raising the bar for its vast field of venture capital and private equity companies, a move that looks aimed at avoiding a repeat of the P2P crisis a few years back. What’s the implication for Chinese startups? And former autonomous trucking highflier TuSimple is retreating from the U.S. to focus on its China business. What’s driving this abrupt turnaround for a company that was once so promising?

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

Subscribe to China Inc on your favorite app:

Apple Podcasts Spotify

Recent Articles

Dtech does resources

Yongda Auto raises funds in Hongxin tie-up

Auto sales company China Yongda Automobiles Services Holdings Ltd. (3669.HK) announced Wednesday that it will sell 73.16 million new shares to Hongxin International Shipping for HK$0.825 each. The sale will…