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>and China are stagnating I... What? Otherwise great comment.

• nojvek 8y ago
  China is definitely not stagnating. In fact some parts of China may have started to eat SV lunch. China is already the hardware capital of the world. If they play their cards right, they could make a big dent in software as well. It’s a huge market, speaking the same language on the same currency. That’s exactly why YC wants to enter China.
  • joejerryronnie 8y ago
    Chinese tech is thriving but the overall economy is showing alarming signs of a massive slowdown and possible recession. Too much central planning, banks with bad balance sheets, and over extending into huge foreign infrastructure projects are placing an incredible amount of stress on the Chinese economy.