BEIJING -- China's startup bubble, which has spawned a flurry of multibillion-dollar companies such as ride-hailing group Didi Chuxing, is at risk of bursting, a leading U.S. incubator has warned.
Slower pace of venture capital will let smaller players emerge from shadow of giants like Ant Financial and Didi

A driver in Beijing taps the Didi app. The ride-hailing company ranks as China's most valuable unicorn.
BEIJING -- China's startup bubble, which has spawned a flurry of multibillion-dollar companies such as ride-hailing group Didi Chuxing, is at risk of bursting, a leading U.S. incubator has warned.