Some have seen many projects that are sought after by leading funds from major manufacturers in China have hit a wall in the Bay Area financing, and some have also seen US dollar funds try to invest in projects that are local Chinese in the Bay Area, but it is difficult to get the quota. What is separated between China and the United States is not only trade, but also extremely obvious in the science and technology innovation circle.
It is relatively easy to get VC money in early Bay Area projects. As long as you have a good team background, a good story and a good track, it will not be difficult to get hundreds of thousands of dollars or even more preseed funding. However, if the Bay Area investors are labeled as "Chinese projects", such as the founders are all new immigrant backgrounds, and the customers/investors/teams are all in China, the financing will be more strictly reviewed. Compared to reading more stories, you can only read traction.