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American VC Investment in China Doubles from Q1 to Q2

Filed in archive Venture Capital by Greg Cruey on July 21, 2008

It might be hard to decide what to think about China's Business Confidence Index, but the venture capital index is definitely up.

MarketWatch reported this weekend on the latest MoneyTree(TM) Report from PricewaterhouseCoopers (PwC) and the national venture capital associationlinks (NVCA).

Quoting from the report:
In the second quarter of 2008, U.S.-based venture capitalists invested $583 million into 47 deals in China, nearly doubling investment from the first quarter when $296 million went into 34 deals. Investments into India by U.S. venture capitalists also jumped, rising 27 percent to $473 million going into 40 deals, compared to the $373.3 million going into 40 deals in the first quarter.


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