While the overall Chinese economy may be facing a slowdown, the venture capital (VC) market continues to report strong growth and became the second largest VC market by total capital invested in 2018, according to a new report from PitchBook. The report, Venture Capital in China, highlights the growing prominence of Chinese startup capital with nearly 30 percent of global VC directed into Chinese startups in 2018. PitchBook analysts contend that the Chinese VC market should continue to increase in prominence as Chinese startups activity matures and more foreign and domestic investors look to benefit from the country’s massive market and rapid rates of innovation.