VC funding in Asia doubled in Q1 2016
techinasia.com
techinasia.com
Asia is probably the most vague terms out there. Its a continent of continents, so being specific helps.
this article is light on details, amd I am no expert as all I know was the 48 straight hours spent researching & writing the goddamn thing. interesting stuff;
* china started the 13th 5 year plan.
* it will agressively invest in itself. as indicated the vc/r&d investment in China by the gov is massive compared to other years.
* teaming up to invest innother countries infrastructure with other developed nations. synical part of me sees this as joint imperialism now China has the tech & influenxe to not be on receiving end.
* total switch to service economy & startup boom gor b2c.
* repeatedly using term o2o (online to offline)
interestingly the idea of a factory was from china keeping foreigners in districts in the late 1600s, these outposts became factories. there were 13 "factories" including one by the east india trading company.
the policy now seems to be similar to the silk road initiative & 13 factory model.
huge changes taking place, China is really adapting quick relative to its size, structure & pop