Ｗｈａｔ’ｓ　ｕｐ　ｉｎ　Ｃｈｉｎａ　ＶＣ？

Given three years of back to back growth in venture in-vesting in China,is the trend likely to continue? Whatsorts of changes are ahead? Earlier in 2005,FrancescoGuerrera in Hong Kong and Andrew Yeh in Beijingsaid of all the industries that could be created by government fiat,venture capitalism looks like an unlikely candidate.Based on theinteraction between entrepreneurs with more vision than funds,and investors with cash and an appetite for risk,the sector does notlend itself to the strict regulations imposed by state bureaucracies.