China’s venture capitalists are changing their game. Where it’s previously been difficult for foreign startups to get Chinese VC funding, Chinese VCs are beginning to look at foreign-born startups with significant interest. Shanghai-based Wei Zhou, founder and CEO of XNode, has a unique vantage point of China’s embrace of foreign innovation: XNode is a high-profile startup and corporate accelerator with a flagship space in central Shanghai’s Jing’An district, which provides open innovation training for multinationals such as Intel and Philips and a landing pad in this thriving metropolis of 25 million people for Korean and Australian startups that have received

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