SHANGHAI -- A shopping mall here was abuzz with customers one day earlier this month -- all except for one bakery shop that was completely deserted.
Startups
China's once-sizzling startup boom loses its stride
State funds fill the vacuum as venture capital takes a step back
No people and no pastries are to be seen at this once hot Shanghai location of Tiger Attitude, which had raised money from big venture capital firms. (Photo by Noriyuki Doi)
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