Chinese-backed technology fund supporting British startups

World Today

Chinese-backed technology fund supporting British startups

The best and brightest in creativity and innovation will gather in Shanghai next month. 

Among the startups jostling for position are two British companies. They both use new technology, but in very different fields.

But, they do have one thing in common.  As China gears up to host the G-20 Summit, both companies are getting support from a Chinese-backed technology fund: Cocoon Networks. 

CCTV’s Richard Bestic reports from London.