"K2T Wisata"
Softbank Corporation is predicting that venture capital will continue to pour into China for the next 5-10 years.
The targets of the venture capital according to Dr. Alan Song, VP of Softbank China Venture Capital, are:
1. 3G products
2. Digital TV
3. IP TV
4. Broadband value-added service
5. Software manufacturing
6. Medical devices
7. Energy
8. New materials
9. Auto Electronics
Song’s reasoning is simple. China’s economy is predicted to continue to grow at a 7-12% annual rate, making it a hot investment destination.
Additional reasons:
1. More open government policies
2. More experienced entrepreneurs
3. growing purchasing power
If I were a prophet, and I am not…I would predict that people would continue to pour money into China for any number of reasons.
I would also predict that this phenomenon will not continue indefinitely. In fact, it reminds me of the Silicon Valley Bubble as well as Japan’s Bubble economy.
All good things must come to an end.
What do you think?
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