Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:
The commercial success of many high-profile Chinese entrepreneurs appears to have done little to encourage young Chinese college graduates to become their own boss. According to a recent report, only 1.6% of Chinese college graduates started businesses last year, essentially flat with the year before.
The report showed that a large share of young entrepreneurs are based in China’s less developed central and western areas, painting a picture of the typical Chinese entrepreneur as a restaurant owner or a pig farmer.
The vast majority of graduates received their funding from their parents and relatives–80% of four-year graduates and 82% of vocational-college graduates–while most Western young entrepreneurs are funded by so-called angel investors and public sources, such as government or university-based funds.
Photo by Carol Schaffer