Chinese investors move up the global VC ladder

Chinese investors earned a record high place in Forbes' latest list of the top 100 venture capitalists as the nation's investors are gradually changing the global venture capital market dominated by Silicon Valley.

According to the annual Midas List of Forbes Magazine, 21 Chinese investors made it into the top 100 venture capitalists globally, which broke the previous record of 17 domestic investors last year.

Four Chinese investors rank among the top 10 this year with Shen Nanpeng, founding and managing partner of Sequoia Capital China, remaining at the top of the ranking for the second consecutive year.