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Asia is closing in on the US as the biggest market for venture capital, with total VC funding reaching $70.8 billion in Asia last year compared to $71.9 billion in the US. Global VC funding increased nearly 50% in 2017 to over $164 billion overall. China is proving to be a magnet for investment capital, with large sums pouring into sectors like transportation, artificial intelligence, and energy. Didi Chuxing, a major Chinese ride-sharing company, recently raised $4 billion in an investment that valued the

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hanngoclt7

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