IN BRIEF (Page 9)

Chinese PE/VC investment soars

China's entrepreneurial boom attracted nearly half the world's venture capital and private equity fund investment last year, according to a new report by PricewaterhouseCoopers. Investment in Chinese companies reached $192.1 billion in 2015, about 48 percent of the world's total and a 169 percent rise from a year earlier, said the PwC study. Worldwide, the amount of PE/VC investment increased a modest 18 percent.

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