The key part of the story of the 21st Century, so far, is of China leaping into the front rank of economic performers, and there are few areas where the transformation is more obvious than in the development and application of technology. The pattern has been highlighted by Rebecca Fannin, author of a new book, Silicon Dragon: How China is Winning the Tech Race, which closely examines a dozen Chinese leading technology companies, and includes interviews with their founders.
Fannin, also the international editor of the Hong Kong-based weekly magazine Asian Venture Capital Journal, finds a remarkable sense of energy as well as problems that will need to be overcome before the country's tech sector can fulfil its potential. She is careful to underline connections of the new wave of Chinese firms with the United States, noting that much of China's technology wave is underwritten by US venture capital, much of which flows through Silicon Valley.
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