CHINA HAS THE NUMBER TWO VC INDUSTRY AFTER THE US. Read this excellent summary of the Chinese VC environment. In reality, Chinese risk investment has been going on quietly and largely undocumented for centuries, and is far from new. The pockets of enormous wealth in China have always put their money to work by investing. The only thing that is new today is that there is a spotlight shining from the West, curious to see what is going on.
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