[Editor: this article is written by our guest writer, Chris EvdemonChris is a Partner at Innovation Works (IW), currently based in the Bay Area after 7 years in Beijing. Prior to IW, he was a Managing Partner at Eastern Bell Venture Capital and also served as the CEO of ICDL Asia Pacific, based in Singapore. Prior to Asia, Chris co-founded and managed ECDL Hellas in his native Athens, Greece. Chris holds a M.Eng. in Mechanical Engineering from Imperial College in London, and an MBA from INSEAD.]

I lived in Beijing for the past 7 years, immersed in China’s tech sector from a truly early stage investor’s angle. Earlier this year, I relocated with my family in the Bay Area, to be exposed to the tech ecosystem that most people in our industry still consider to be the center of the world. It is indeed, but it is also entrenched in its own borders, and it is largely underestimating the ever-increasing might of China’s tech industry.

There is little excuse for the current level of misinformation, negative predisposition, or outright ignorance on the rapidly maturing Chinese tech ecosystem, especially from industry professionals who are community members of the largest congregation of smart people from all over the world, the Silicon Valley. Cliché criticisms around government intervention and media censorship, favoritism of the local companies, copycat start-ups, Facebook and Twitter’s blocking, Google’s very unfortunate exit, as well as eBay’s, Paypal’s, Amazon’s (and so on, the list is long) notorious failures to breakthrough in the China market in the past decade have all got considerable elements of truth in them but, left at that, they are no more than Aesopian “sour grape” type of aphorisms. They are only one side of the coin and thus dangerously misleading.

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TechNode Guest Editors represent the best our community has to offer: insight and perspective on how technology is affecting business and culture in China