In an adaptation of her forthcoming book, The New Tech Titans of China, Rebecca Fannin profiles Shanghai-based Qiming Venture Partners and its American founder, Gary Rieschel.
Illustration by Luis Grañena
Gary Rieschel, head of Qiming Venture Partners since 2006, stands out as a survivor. While other venture capital firms quit China, Rieschel has endured the country’s sharp downturn in start-up investment, a shift to industrial tech, a crackdown on private enterprise, a split of Silicon Valley-China cross-border deals and a move to state-directed venture capital.
The New Tech Titans of China, set to release February 24, 2026, by John Murray Press.
Now he faces another challenge. After bu
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