Some Chinese venture capital firms are looking for opportunities to scale up their operations in South and Southeast Asia amid heightened geopolitical tensions between China and the US, investors at a business expo in Macau said.
Gobi Partners is eyeing opportunities in Pakistan, given the country’s young population, increasing internet and mobile banking adoption and the government’s efforts to create a conducive environment for investors, according to co-founder and managing director Thomas Tsao.
“From a political standpoint, China and Pakistan are fairly close, and that is a big…
