US Venture Capital Firms, Financial Firms Should Stop Backing Red China

An employee makes a chip at a factory of Jiejie Semiconductor Company in Nantong, in eastern China's Jiangsu Province, on March 17, 2021. STR/AFP via Getty Images

Commentary

China’s tech startup and venture capital boom over the last decade has produced some household names while stoking concerns that it would one day surpass innovation out of Silicon Valley.