Source: Tech – South China Morning PostWhen China’s government launched a sweeping crackdown on the technology industry over the summer, panicky venture capital investors stopped writing checks and start-up valuations began to plummet. It looked like the country’s historic innovation boom was over.Then a strange thing happened: In just a matter of weeks, the start-up machine kicked back into gear. In fact, venture capital investments in China reached US$130.6 billion for 2021, according to the research firm Preqin. That set a record…Read More