Venture capital is becoming a tech battleground between China and the United States | Latest News Headlines | Yahoo news Last year, Chinese tech stocks crashed. This year, the Americans are following suit. But their sales have very different drivers, and therein lies a potential inflection point in the budding competition between the two countries. The Nasdaq correction is a natural consequence of the speculative foam that has allowed many unprofitable companies to go public and many established companies to skyrocketing valuations. By contrast, China ’s liquidation was the result of a deliberate policy by the ruling Communist Party to...