Finance professionals learn how to play guandan, a poker-like card game, during a training session in Beijing, China August 6, 2023. REUTERS/Yew Lun Tian/File photo BEIJING—China's bankers and business executives have become increasingly reliant on domestic capital in recent years as foreign funding has dried up, but a popular way to unlock that cash may very well involve 'throwing eggs.' The term refers to guandan, a poker-like card game that has been around for decades, but has gained fresh life among venture capitalists a few years ago as they awoke to its popularity among wealthy local government officials in eastern regions.

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