Kevin Xu is a tech investor and author of Interconnected, a bilingual newsletter on the intersections of tech, business and geopolitics.
Like many visitors who have returned to China for the first time after the pandemic, Kevin Xu found a changed, more isolated country. But is it going backward or barreling into the future?
The retreat of Chinese companies from American capital markets is an overblown story, argues Kevin Xu. On the contrary, the last year has seen the most Chinese fundraising in the U.S. since 2014.