In Depth: Proposed Biden Curbs Could Starve Chinese Tech of Early Funding, Expertise

The startup world is bracing for new U.S. government measures expected to expand the crackdown on American investment in Chinese tech to venture funding, as local entrepreneurs look to institutions at home and in the Middle East to get their companies off the ground.

The impending investment crunch has brought calls for Chinese policymakers to create new yuan-denominated funds to invest in early stage startups, which are traditionally shunned by such institutions because of the high risk of such investments.