China's New Investment Playbook: VCs Chase Crypto As A Travel Upstart Eyes New York

1. China Renaissance enters cryptocurrency amid its legal restrictions in mainland China. 2. Tian Tu Capital shifts focus from consumer goods to technology investments. 3. Consumer demand in China is downtrending towards cost-efficient products. 4. Klook plans a U.S. IPO, aiming for a higher valuation than in Hong Kong. 5. New financing methods highlight a shift toward technology investments among VCs.