I thought Chinese investment significantly tapered off a few years ago.
Possibly. I recently interviewed for an infosec role at a SV medical device manufacturer and China was involved in a few ways above and beyond being a major part of the supply chain.
I had to nope out.
Not just VC but all aspects of American life is subsidized by China. High real estate valuations, university operations wnd expansion and the ability foe the government to take on seemingly infinite debt is significantly impacted by Chinese money. If the CCP forced all Chinese nationals and corporations to withdraw their money from the USA we would be starving in the streets.