Let a Million Companies Bloom!

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  • Author(s): Doebele, Justin
  • Source:
    Forbes. 6/12/2000, Vol. 165 Issue 14, p160-160. 1p. 1 Color Photograph.
  • Additional Information
    • Subject Terms:
      VENTURE capital; HIGH technology; CHINA. Ministry of Information Industry; FOREIGN investments; ECONOMICS
    • Subject Terms:
      CHINA
    • Abstract:
      Presents an interview with Francis Bassolino on the subject of venture capital in China. How the Chinese government views venture capital as a catalyst to upgrade technological capabilities in order to compete in a global market; Battle between the Ministry of Information Industry and foreign investors; Failure of local Chinese venture capital in evaluating and developing venture investments; Valuations of Chinese high-tech companies on the Nasdaq.