The Churchill Club convened a panel on potential business opportunities in China. Despite being about 30 minutes too long, and have one panelist too many, there is a good deal of information to be gleaned from the discussion. We were most struck by Jacob Hsu of Symbio, who says that technology development in China has moved past the days of copying technology (a "C to C" business model, he jokes) to being truly innovative. And his fellow panelists echo the idea that Chinese business is at the dawn of a truly innovative period. Take a look (fast forward five minutes in):