Available venture capital in China is apparently drying up as venture capitalists start to “turn their backs” on the country’s technology scene. According to the report on VentureBeat, the reason behind the drop in available funds is that the potential for exits in the Chinese market has decreased rapidly. Sad news for China, but other southeast Asian countries could be the next target of these venture firm’s funds. There’s always a silver lining!

[Source: VentureBeat]