For Kleiner Perkins and Redpoint, has the China Initiative become the China Imperative?

Not previously mentioned in this blog, since last year, Redpoint Ventures also has been increasingly active in China. They even appear to have a dedicated China principal in David Yuan who stationed in Shanghai who has been scouting deals for them.
Kleiner Perkins Caufield & Byers (KPCB) has long been rumored to be looking at China. While John Doerr spoke at Tsinghua last week and other KP principal partners have been spotted for several years at conferences in Beijing, the whispers grew increasingly louder with addition of former UT Starcom exec Ying Lee in KPCB's latest fund. Unofficially, KPCB is also rumored to have been even more active in laying the groundwork in China - with recruiting and a yet to be announced investment.
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http://bubbler.net/5A-notes/521601/799457/