SILICON DRAGON NEWS                                           Nov. 21, 2016
Silicon Dragon 2017    

China's Tech Impact
in the U.S.
Tencent's WeChat  + More!
The Tech Triangle:
Israel, China, U.S.  

Plus Lots More!  
Silicon Dragon Presents
Award Winners 2016

Xing Liu w Rebecca
Xing Liu, winner
VC of the Year: 
Xing Liu
Sequoia Capital China
 pictured with judges
Jeffrey Chi, Edith Yeung, Grace Yun Xia, Alan Chan and Anson Bailey, Rebecca Fannin
    Founder - Klook
Founder of the Year: 
Eric Gnock Fah, 
Klook Travel
51 Talk winner-IPO
IPO of the Year: 
51 Talk
Justin Ling
Best Pitch: 
Justin Ling, 

pitch - GoSkills
Bhavneet Chahal, 

Read Forbes column
pitch w clock   


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Fatty robot
In news of the weird from the world of robotics, a Chinese robot nicknamed "Fatty" went out of control at a China high-tech fair in Shenzhen, smashing a glass window and injuring a visitor. Apparently, it was all human error - the robot operator hit the forward button instead of reverse.

A Chinese media company has formed a $300 million fund with a media and entertainment company in Abu Dhabi to make movies and TV shows in Hollywood. The deal, forged by state-owned  China Intercontinental Communication Center with Image Nation Abu Dhabi,  is another sign of China's infatuation with Hollywood.

Trump in China
Eric Li , co-founder of Shanghai-based VC firm Chengwei Capital , sounds off about the recent U.S. presidential campaign. He writes that President-elect  Donald Trump makes it sound as though making America great is defeating China.  But he adds that much of the Chinese public supported Trump, and Beijing is looking forward to change in Washington. Read full viewpoint, NY Times.

Hedge fund billionaire
John Paulson, an economic adviser to Trump during the campaign, has taken an investment stake in the privately owned Chinese ride-sharing app Didi Chuxing. This is the same Didi that acquired Uber China and has backing from Alibaba and Apple.   Read more

The  Overseas Press Club , the  National Committee on U.S.-China Relations , the Asia Society's 
ChinaFile and  Silicon Dragon  recently co-hosted a forum in NYC to discuss China's move from a manufacturing powerhouse to an innovation nation by 2025.  Panelists included Orville Schell, the Arthur Ross Director of the Center on U.S.-China Relations at Asia Society; Weiping Wu, a professor of urban planning at Columbia University; and Yu Zhou, co-editor of China As An Innovation Nation and professor of geography and Asian studies at Vassar College. Moderating was business journalist and author  William J. Holstein. 
View video. Silicon Dragon + at OPC 
China could become a world leader in the field of artificial intelligence, finds a report by IResearch Consulting Group. Beijing, Shanghai and Shenzhen lead development in East Asia, and account for 7.4 percent of the world's AI firms. AI is seen as the next new opportunity in technological innovation.

Now used-car dealerships in car-crazy China are getting funded. Chinese car dealership Souche got a $100 million investment from Alibaba's Ant Financial and a chauffeured car service,  UCar Inc. It was a series C fund raising for Souche, a second-hand automobile dealer. Sequoia Capital China backed Souche in 2013 with a $10 million round.

Chinese online education service Mofangge has reportedly raised $22 million in a second fundraising by undisclosed investors for the three-year-old startup that previously aattracted significant capital from
Fosun Kinzon Capital.

China's hardware ecosystem might actually translate well in software savvy India, which is seeing a growing but still very early Internet of Things market. That's the view of  Benjamin Joffe, a partner at  HAX Accelerator in Shenzhen . He emphasizes that India lacks resources for prototyping and early investment, and has a weak supply chain. Still, by connecting with Shenzhen, India could progress in IoT.

Silicon Dragon Awards 2016
November 17, Hong Kong
Tech Chats with Leading Founders: 
View Videos (Below)
featuring Simon Huang , Co-founder, Xberts, Beijing
Eric Gnock Fah, Co-founder, Klook Travel, Hong Kong


Thanks to Silicon Dragon Award program sponsors 
Morrison & Foerster 

Supporters: Cyberport, Blueprint, InvestHK, HKSTP, Chinaccelerator, TGN,  BeFast.TV, Forbes
Join the Silicon Dragon Circle

  Grace_ Edith_ Gordon
Grace Yun Xia, Tencent; Edith Yeung, 500 Startups; 
Gordon Yen, Radiant Venture Capital with
Silicon Dragon's Rebecca Fannin