Was with a guy today who has done very well in China.
He is seeking investments outside China nearly full time.
– China has a trust issue in its markets.
– It isn’t an innovative market yet. It’s copies.
– Prices are high.
– Banks have made bad loans.
So it will slow down. How?
– Not a crash
– Japan
So where to?
– only two options: US and EU (Not sure I agree)
– US is doing well. Innovation is strong. Tech is taking cost out of established systems.
– EU is low but rising. Berlin and London have tons of innovative stuff.
On the other hand folks agreed that bringing innovative companies to China, creating copies or localizations in China, and iterating the infrastructure there were promising themes to pursue.