Venture Capital In China

Chinese stocks are over-amplified according to what U.S. markets are doing,in David Chao's view.Mr.Chao,who is co-founder and general partner at venture capital firm DCM,says the stocks are perceived as higher risk.In reality,Chinese listed companies in the U.S. are just as transparent as U.S. companies.They have to follow the same rules.
Chinese entrepreneurs and management are learning day by day.China is characterised by its 500 million Internet users and the burgeoning rise of their middle class.They are starting to spend money.That's a great opportunity.We have a local team in China,and also teams in Japan and the U.S.That's the best way to do it,Mr.Chao believes.
DCM invests in mostly early stage companies in core technology sectors such as Cleantech;Components;and Software and services.Some of its projects include About.com,Pay Cycle and RenRen(RENN).