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China tech

Used cars and AI come out on top as China's startup funding slumps

36Kr shows 1H funding on track to fall 33% as sharing-economy darlings lose their shine

A man looks at a demonstration of human motion analysis software developed by artificial intelligence solutions maker Horizon Robotics. (Beijing, China October 24, 2018)    © Reuters

SHANGHAI/TOKYO -- Chinese startups face increasing difficulty in raising money to fuel their businesses as various headwinds including the country's slower economic growth shrink the availability of venture capital.

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