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The legal literature relating to venture capital (VC) investments has largely been compiled in the context of the United States (the US). Existing scholarship has generally dealt with the various methods through which VC contracts address the agency problems inherent in the VC cycle and the specific contractual terms invented to that end in the US. In contrast, there has scarcely been any legal literature concerning VC investment in China to date, making it difficult for practitioners and academics alike to navigate and theorise VC contracting in the Chinese context.
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