China’s Total Blockchain Investments Dropped 40% in 2019 Compared to 2018

Cointelegraph

Published Jan 20, 2020 03:35PM ET

Updated Jan 20, 2020 05:22PM ET

China’s Total Blockchain Investments Dropped 40% in 2019 Compared to 2018

Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources.

Over the course of 2019, China totally had 245 investment and financing deals, which is nearly 60% less than in the preceding year.

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