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A regulatory crackdown has hammered tech companies and the private education sector, casting doubts on whether Chinese companies can list overseas in the near future. (Nikkei montage/Getty Images)
Market Spotlight

China venture capital deals shrink amid regulatory concerns

Foreign investors rethink approach as Beijing cracks down on high tech

YIFAN YU, Nikkei staff writer | China

PALO ALTO, U.S. -- Overseas investors scaled back venture capital deals in China in August as the country's regulatory crackdown on the tech sector prompted many to rethink their approach.

The latest figures from market research company PitchBook represent a sharp break from earlier in the year.

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