Xiaomi, Alibaba Deals Tip Forbes List of Top Tech Investors to China 

VC Jenny Lee makes the top 10 cut on the Forbes Midas list of best-performing tech investors

China venture capitalists scored high this year with good representation on the Forbes Midas list 2015 rankings. Of the top 100 tech investors on this annual, 10 venture capitalists are based in China while another seven are in the U.S. actively doing deals in China. The strong showing illustrates China's rise in global tech innovation and lofty valuations for a few select startups.

While the annual rankings showcase Silicon Valley tech stars such as Twitter, Facebook and LinkedIn, the dominance of Chinese smartphone maker Xiaomi on the rankings this year was notable. Five of these top dealmakers have Xiaomi, the world's highest valued tech company, in their portfolio - a factor that shows a concentration of top tier venture capitalists in China who often do deals together.

Many of the venture investors that backed Xiaomi have been perennial winners on the Forbes list: Jenny Lee, Jixun Foo and Hans Tung of GGV Capital, and Richard Liu of Morningside Ventures.  Another deal in common among top-ranked investors is IPO heavyweight Alibaba.  See Forbes Midas list 2015.

Read Silicon Dragon's post at Forbes on China Tips List.

Sequoia VC Moritz Contends West Is in Denial Over Shift in Tech Power to China 

Mike Moritz of Sequoia Capital talks China

Sequoia Capital venture investor Mike Moritz says Silicon Valley tech is over-inflated and that money splashed on Silicon Valley companies could probably be put to better use in China, which he describes as "the most vibrant setting for start-ups in the world."

Seven of the world's 20 most valuable startups are Chinese-based, he said, topped by mobile phone maker Xiaomi with a $46 billion valuation in its latest round of financing.

"Everybody in the west is in denial" about China's increasing tech strength, Moritz agues. "The balance of power is shifting."

PCH BUILDS OUT TECH ECOSYSTEM WITH FAB DEAL IN US AND SHENZHEN PLANT 

There's a China connection in the recent deal that PCH made to buy the once high-rising and well-funded e-commerce startup, Fab, which crashed last year.

PCH has been expanding from Shenzhen into services higher up in the chain, and with the recent acquisition of New York-based Fab, helping more companies go international and narrowing the innovation distance between China and the U.S.

Its year-old PCH Innovation Hub in San Francisco is loaded with equipment to churn out and fine tune hardware products.  The ground floor is a big loft space with bleachers (a cool  venue for Silicon Dragon) and a patio.

RECAP: SILICON DRAGON SAN FRANCISCO EVENT

MARCH 25, 2015

Silicon Dragon SF 2015 Dealmakers at panel on China's Tech Momentum: Richard Chan, Net Jacobsson, Haohong Wang, Yong Liu

SNAPSHOTS FROM A FUN SF EVENING AT SILICON DRAGON

See more photos and videos at www.silicondragonventures.com

STARTUP ASIA TRENDSPOTTING 

INDIA ON THE RISE

Venture money floods into India: In search of the next Alibaba  on.wsj.com/1Dm2eAj