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.
Fundraising slowed to 362.9 billion yuan ($52.6 billion) in the first half of 2019. At this rate, the full-year total is on track to fall more than 30% from 2018, when it reached nearly 1.2 trillion yuan.
