3 Rebecca Fannin Articles

Three Rebecca Fannin articles:

(1) "Wake up, Silicon Valley! Chinese Lessons for American Entrepreneurs:"

The best and brightest U.S. entrepreneurs might have to take steroids to keep up with their counterparts in China. For energy, motivation and raw talent, American entrepreneurs just cannot compare.

One of the superstars of China's digital media boom is Joe Chen. A maverick entrepreneur who reads Warren Buffet and Jack Welch books in his spare time, Chen just raised a record sum -- $430 million! -- to ramp up his startup. It's an all-in-one Facebook, MySpace and YouTube look-alike called Oak Pacific Interactive.

If you think it's been easy for Chen, watch this video and see how he's had to face layoffs and sudden market shifts due largely to new government regulations. It's all part of his struggle to find the "right DNA" to make Oak Pacific grow, Chen says, as "strong and sturdy as a Sequoia tree." And to also wrestle with his own human nature to want to take on too much at the same time! Chen himself says one of his character failures is an inability to spot risk -- that's true of the best entrepreneurs anywhere. For to achieve something extraordinary, you must do something "extra-ordinary." continues

(2) "China Labs":

Here, at the grand ballroom of the China World Hotel in Beijing, the chairman of Microsoft China, Ya-Qin Zhang, has the podium and the audience's attention. "China is quickly emerging from a low-cost manufacturer to a high-tech innovator," he says.

Why is China becoming a lab for the world? Zhang lists Chinese government policies to foster innovation, improved intellectual property protection, strong economic growth, a huge talent pool of well-trained computer scientists and increased research and development spending.

Already, China ranks 7th in the world for the number of international patent applications -- 5456 in 2007 alone, an increase of 38% over the previous year, Zhang notes. By 2009, China's position will rise to 4th globally for new patent applications, he predicts, right after the U.S., Japan and Germany. continues

(3) "Cleantech"

It's one of those clear, blue-sky days in Beijing -- one of the very few I've seen during the last two weeks, where a grey dusty hue has covered the landscape (sandstorm or not). I take care to stay indoors as much as possible, and when riding in a taxi, ask the driver to roll up the windows and turn on the air conditioner. Otherwise, I risk tearing eyes, runny nose and a hacking cough -- effects caused by the air pollution.

But count on the Chinese government to continue its clean-up of the air as the Beijing Olympics comes closer. Things have definitely improved since 2002, when I started coming to China regularly. And much of this progress has to do with efforts by the government and private sector to invest in clean technology. Joining in are venture capital investors such as the high-profile Kleiner Perkins and Sequoia Capital as well as a handful of Chinese funds that have earmarked cleantech sectors as a high priority.

Certainly, much financing is needed. The Chinese government's 11th, five-year economic plan pinpoints that $867 billion is needed for the massive clean-up. Yet only $382 billion has been invested, according to managing director Ka Keung Chan of London-based Climate Change Capital, who heads a team in Beijing looking for emerging cleantech companies to finance. continues

Comments

[burberry bag]

The Chinese government's 11th, five-year economic plan pinpoints that $867 billion is needed for the massive clean-up. Yet only $382 billion has been invested, according to managing director Ka Keung Chan of

[louboutin]

Joining in are venture capital investors such as the high-profile Kleiner Perkins and Sequoia Capital as well as a handful of Chinese funds that have earmarked cleantech sectors as a high priority.

[oakley sale]

where a grey dusty hue has covered the landscape (sandstorm or not). I take care to stay indoors as much as possible, and when riding in a taxi,

[Kate]

Happy to see your blog as it is just what I’ve looking for and excited to read all the posts.