Cultural barriers create issues for Chinese start-ups seeking NZ backing, Zino says

Cultural barriers create issues for Chinese start-ups seeking NZ backing, Zino says
Jonathan Underhill
By Hu Min June 2 (BusinessDesk) -  Chinese-led angel investors Zino Ventures wants to overcome cultural and communication barriers that are clogging up the ability of start-ups to attract backing. The group of 18 migrant Chinese investors attracted attention since pooling their resources last year, setting up a $2 million fund to invest in early-stage companies. The goal is to divert more Chinese investment in New Zealand away from property and into early-stage businesses, particularly those with a view of breaking into China, says foundi...