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HONG KONG — Wang Shidong and his two partners were still finishing graduate school two years ago when they raised $45 million in less than two months to start a venture capital fund. His wife, an elementary-school teacher in their home village, was “terrified” that he got to manage so much money, Wang said.

"Latest Sign of China’s Slowdown: A Technology Cash Crunch" is from the July 16, 2018 Business section of The New York Times. It was written by Li Yuan and narrated by Kristi Burns.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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