It is normal for VC and PE to lose money, they can say that is must-pay tutor fee. Here are few main reasons why venture capital fail in China.
Almost all Chinese students have to learn English in order to communicate and understand the whole world, however, nowadays more and more Chinese (who can perfectly speak in English) start to review their motherland in “English way”. Hopefully here the article will help you understand the magic land. Seventy things I learned in China, in no particular [...]
NCTY, one of the biggest Chinese gaming company, reported that Q2 ’09 revenue declined 32% to about $40 million while the company swung to a loss of about $12 million from a gain of $14.5 million in Q2 ’08, The9 lost its license to run the “World of Warcraft” in China few months ago so [...]
Western housing price was going down, Russia, one of the astonishing emerging markets, also see the sign of the capital’s troubled property market–some prefer to blame “people cannot produce demand” instead of the excuse of the global crisis. It was reported about Moscow property tycoons, they lose their wealth so rapidly in the past year, [...]
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