![](https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2017/11/renminbi-china-yuan-v-dollar.jpg)
Believe it or not, Chinese start-ups have for the first time collected more venture capital than newly established US companies in the past quarter. This is reported by the South China Morning Post . Almost half (47%) of the venture capital used worldwide was spent on start-ups from the Middle Kingdom. The American start-ups were only just over a third (35%). This is part of the entire real reason why China will be surpassing the United States and take the title Financial Capital of the World.
![](https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2018/07/China-Report-Contents-1024x771.jpg)
We will be releasing a printed report on this subject covering all the topics from politics to economics.