This article is written by a guru (and valued friend) Pei -fu Hsieh. I have also submitted this article to China Daily (so you might see a slightly edited version) but I thought the original version is brilliantly written. He knows what he is talking about, in his previous job as KPCB China, he has made investments in a couple of cleantech companies.
Saturday, August 20, 2011 from 10:00 AM – 11:00 AM Key Points Asia will redraw the map of economic progress over the next twenty-five years. Growth is necessary to solve economic and social problems, but harder to achieve as the age of plenty gives way to the age of scarcities. China is obviously a […]
I really like their view although the better proxy would be amount of smart money injected into the China economy. You see that the amount of venture capital dollars has dipped by 17% from 2006 – 2010 while that going into China has increased by 2.5x. Anil Gupta & Haiyan Wang, “China as an […]
Joergen is one of several gurus whom I truly respect regarding his commentaries about the global economy. In the words of our foreign Minister, he is a “favourite website that he never fails to check-in when he meets Jorgen at a party”. So we are especially delighted that he agreed to write for us. I […]