8000 tourists swarm to cool down in "China's Dead Sea" swimming pool at Sichuan amusement park July 11 as mercury shot over 35 degrees Celsius. "Even competition for space in swimming pool is fierce in China,"  quipped Hans Tung of GGV Capital.  

RECOMMENDED VIEWING 

CHINA IN 20 WORDS AND PHOTOS

Talk by tech guru Frank Yu

More Out-takes from Silicon Dragon NY 2015  

RECOMMENDED READING

by Ronald Schramm, PhD Program Director of the International Business School of Suzhou at Xi'an Jiaotong-Liverpool University.

 "Finally, a cogent, current and connected book that captures China's current economic condition."

Check out interview with Professor Schramm.

SILICON DRAGON @ FORBES

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 Venture capital fund raising and investments in both the U.S. and Asia are on the mark to exceed a boom not seen since before the financial crisis hit. This certainly bodes well for startups that are looking to innovate disruptive technologies and to go global. 

Read Forbes post GREAT TIME TO START UP  

Derek Sulger, a managing partner at Lunar Capital, was right on in his predictions the impact of the collapsing stock market in China would not be 1929. Having worked in China for 16 years, the private equity investor added that he's seen the Chinese stock market go through three or four similar roller-coaster cycles over the past 16 yeas as retail investors get "cold feet" during dips in the market.

Read Forbes post THIS IS NOT 1929

Venture capitalists are predicting a correction is coming soon to the booming valuations for investments in emerging companies. Speaking at Silicon Dragon's conference in NY, VC Jim Robinson of RRE Ventures says the market is entering a cycle of "natural cleansing" of 20% in "overdone" deal pricing before the next two years is up.

Read Forbes post THE SKY ISN'T ABOUT TO FALL