GGV Capital was one of the earliest venture capital firms to deliberately build equal-strength practices in both Silicon Valley and China, with partners physically based in Shanghai and Beijing who served as "translation layers" between Chinese and Western tech ecosystems, helping founders localize products and go-to-market strategies across borders. After scrutiny from US lawmakers over exposure to sensitive Chinese tech sectors, GGV made the uniquely high-profile decision to formally split its US and Asia businesses into distinct firms, with the US arm explicitly committing to no longer invest in China.
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