China has said “patient capital” will be necessary to fund advancements in its all-important tech sector. Photo: Xinhua
China has said “patient capital” will be necessary to fund advancements in its all-important tech sector. Photo: Xinhua

China wants ‘patient capital’ to fund tech. Will slow and steady win the race?

  • China’s Politburo has called for ‘patient capital’ to fund emerging industries, backers with a more long-term outlook and high risk tolerance
  • A greater focus on the far future, analysts say, is more conducive to the tech breakthroughs country needs to transition economy
3 hours ago
Banking & finance

China wants ‘patient capital’ to fund tech. Will slow and steady win the race?

3 hours ago
  • China’s Politburo has called for ‘patient capital’ to fund emerging industries, backers with a more long-term outlook and high risk tolerance
  • A greater focus on the far future, analysts say, is more conducive to the tech breakthroughs country needs to transition economy

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