Even so, partner Michael Li, who joined KPCB China in 2007, left this February to sign on with Tsing Capital.

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After a breakdown in negotiations with contractors, striking Hong Kong dockers demanding higher pay on Wednesday moved their camp from Kwai Tsing Container Terminal to outside Cheung Kong Centre, Ming Pao report.

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Over in Hong Kong, thousands of dockers and their families and activists held a protest march on Sunday in an ongoing strike over wages at Kwai Tsing, one of the world's leading container ports, Apple Daily says.

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