News Commentary | April 05, 2019
Hexion filed for bankruptcy in the U.S. on April 1st and has reached a debt restructuring agreement with most of its creditors to reduce the impact of $2 billion of its existing $4 billion in outstanding debts. In the near term, the company does not anticipate any disruption in its ability to ... Not part of subscription
News Commentary | August 08, 2019
While the original executive management group for 4M that came from RMX has remained consistent, the rest of its team has changed, stemming from the reverse merger, with the company now appointing Paresh Chari as chairman and interim CEO – a move that may be necessary but is positioned to slow down ... Not part of subscription
News Commentary | May 12, 2020
Rhodium Group found that FDI from China in the U.S. is projected to be the lowest since 2008, erasing nearly a decade of growing acquisitions of U.S. companies and following the recent drop in transpacific VC investments. Several factors have played into the the sharp drop‑off – investment ... Not part of subscription
by Yuan-Sheng Yu
According to Rhodium Group, U.S. VC investments in China dropped to less than $4 billion in 2019 compared to $17.4 billion in 2018. While total VC funding in U.S. startups remains fairly flat in 2019 at $108 billion, Chinese startups saw their investments more than halved after a record-setting 2018 of $95 billion. While a drop was expected this year, missing U.S. funding was a major factor. The polarization of the two ecosystems has been building up since 2018 as the trade war unfolded. China is now looking at the regional innovation ecosystem instead, contributing significant capital to startups throughout Southeast Asia and India as it diverts its capital away from the U.S., leading to an even more clear divide between the two.
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