PetroChina

In case you didn't know, foreign investments now make up half of the successful VC deals. It's a trend that's shifting the landscape for investors and entrepreneurs alike, and it's only likely to accelerate.

Investors in Asia were quick to react to a report that China has canceled its last round of reserve ratio hikes, sending markets up on Tuesday. The Hang Seng rose 1.7% in Hong Kong, the Shanghai Composite inched up 0.1%, and in Japan the Nikkei 225 Index gained 0.2%.

Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong's Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan's Nikkei 225 Index edged up 0.4%.

Asian markets headed higher on Wednesday. In Hong Kong, the Hang Seng climbed 1.5% to 12,126 and in China the Shanghai Composite Index advanced 0.6% to 2,821. Japan's Nikkei 225 Index was virtually unchanged at 10,513.

Henry Kissinger must be wondering whether he did the right thing when he opened up U.S. relations with China back in the 1970s. Now the two countries are in some ways the same -- or at least they're so dependent on each other economically that the failure of one means they both go down. In a sense,...