News Snapshot:
Neil Shen, founding and managing partner of Sequoia Capital China, attends a conference in 2019. ... [+] (Photo by VCG/VCG via Getty Images) VCG via Getty Images China, buoyed by the performance of social media and healthcare companies, accounted for 17 members of the 2022 Forbes Midas List unveiled today. The group of China residents, which combines those on the mainland and Hong Kong, ranked second to the United States once again this year. The number of China listees was four fewer than last year. (See details here.) The growth of venture capital funding and venture talent in the country...