Challenges and Evolution of Chinese Unicorn Startups

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The chapter delves into the history of Chinese unicorn startups, exploring the government's initial suspicions towards them and the evolving dynamics between the Chinese Communist Party, tech giants, and the private sector. It also discusses the current challenges faced by entrepreneurs in accessing capital, the influence of foreign investors, and the emerging areas of successful unicorn establishment in China.

A day is a long time in American politics: Kamala Harris has reportedly already secured the votes to become Democrats’ presidential nominee, a pile of campaign cash and the Trump campaign’s attention. For insight into how China treats its startup scene, we count the dwindling number of newly born unicorns (10:03). And why Britain’s twee beach huts are so eye-wateringly expensive (15:40).

Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.