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Sun, Nov 06, 2005 - Page 12 News List

Investors' view of China swings between optimism, anxiety

Venture capitalists in Silicon Valley are sharply divided into two camps: those who see it as a vast sea of opportunity and those who view it as a fierce competitor

NY TIMES NEWS SERVICE , SAN FRANCISCO

Schoendorf, an Accel partner, sees benefits in helping China to become a fierce new competitor. He likens this moment to the 1970s, when Japan began to compete successfully with the US.

"The Chinese graduate more engineers than we do," he said. "They're smart, they work hard, and so the only way to compete with them is to remain more innovative."

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