In 2010 China will become the world’s second-largest economy
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Re: In 2010 China will become the world’s second-largest economy
#2So... when does YC China launch? :-)
Re: In 2010 China will become the world’s second-largest economy
#3So... when does YC China launch? :-)
We're still trying to grow YC within the US before we think about expanding to other countries. We're still learning.
Re: In 2010 China will become the world’s second-largest economy
#4It's already the largest non-democratic economy, for what that's worth.
Re: In 2010 China will become the world’s second-largest economy
#5It's already the largest non-democratic economy, for what that's worth.
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Re: In 2010 China will become the world’s second-largest economy
#6So... when does YC China launch? :-)
Would China even allow a YC?
Re: In 2010 China will become the world’s second-largest economy
#7So... when does YC China launch? :-)
Would China even allow a YC?
Sure, but I think the most likely way it will happen is that one of the universities (probably Tsinghua) starts an incubator and the Chinese government owns shares in all of the incubated companies, per socialism with Chinese characteristics. http://en.wikipedia.org/wiki/Socialism_with_Chinese_characte...
Re: In 2010 China will become the world’s second-largest economy
#8What I find interesting about this is how China is predicted to have almost double the US's GDP by 2050, but GDP per capita tells a different story: US GDP/capita will be double China's in 2050. Then some good debate on whether an authoritarian mixed economy can allocate its GDP more effectively than the US's democratic mixed economy. Which will define the next 40 years? Aggregate or per capita GDP?
Re: In 2010 China will become the world’s second-largest economy
#9So... when does YC China launch? :-)
We're still trying to grow YC within the US before we think about expanding to other countries. We're still learning.
I would apply to yc china if it existed. I would also be extremely interested in helping set up yc china if given the opportunity.
Re: In 2010 China will become the world’s second-largest economy
#10I'm extremely worried about China's real estate bubble. Chinese labourers are working their asses off, while factory owners crop most of the profit. These money is pours into real estate market. Today an apartment is worth 30X anual income of an average worker(my estimation). Hope when I finish grad school in US and go back, I don't have to pay this much.