Chinese venture capitalists have made 1756 investments of over a hundred billion yuan from January to late November 2014, according to a report by 199it.com.
As seen from the chart below, mobile internet startups took the biggest chunk of investment, followed by e-commerce and gaming. After them, financial service, industry service, education and training, and so on.
The spokesperson of a Chinese incubator told me a story that kept him away from Germany for the past years: 2 years ago he accompanied a famous Chinese artist, Chen Danqing to Berlin. The trip was sponsored by National Geography magazine. A tourism office in Berlin was the partner of this program and arranged a crowded schedule for the artist. When the artist refused to follow this schedule and insisted on taking the tour on his own wish, Berlin officials felt offended. They demanded an apology from the organizer of this tour and stopped cooperating with NG since then. “When we did the tour in Istanbul and Moscow, local tourism office had no problem with it at all!” The spokesperson laughed bitterly. Injured pride is the biggest obstacle in cross-cultural communications, it seems.
Dear Chuan’rs and Chuan’r’s friends,
Time to announce our plan for December. Although I was glad to hear that I should get an award from Kreuzberg district government for bringing people here to discover its charming corners, it is still nice to wander a bit in the city for a change.
In December we will have two parties, one in Mitte, the other in Charlottenberg. Continue reading 4th and 5th Party: Welcoming Chinese contemporary art and Asian Tea in Berlin