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https://www.wsj.com/articles/venture-capital-firm-sequoia-to-separate-china-business-as-political-tensions-rise-36e54f85

Venture-Capital Firm Sequoia to Separate China Business as Political Tensions Rise

The Silicon Valley company will split into three independent partnerships with different brands

By Jing Yang
 and Eliot Brown
President Biden said he saw a potential thaw, in a news conference wrapping up the G-7 meeting in Japan. Photo: Susan Walsh/Associated Press

Sequoia Capital, one of the most powerful names in technology investing, said it would separate its China and U.S. businesses, a move that underscores the growing tussle between Beijing and Washington over who controls the next generation of cutting edge innovations.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.