09.07.06

Venture Capital Investment in China

Posted in Technology Ventures, Globalization at 1:09 pm by Ray Wu

According to Venture Source, there were 54 mainland China deals, totaled $480.1M, in Q2 of 2006. It represented the highest aggregate capital investment in 2 ½ years and was double the amount invested in the same quarter of 2005. At the half-year point there have now been 85 deals and $757.9 million invested in China.

With GDP growth forcasted at around 9.5%, China is becoming more and more dominate as the growth driver for world economy. Actually, you can even see the Chinese influence within corporate environment. Lenovo recently hired Gerry Smith, former vice president of Dell’s Singapore design center and displays unit, to oversee its global supply chain.

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