We've discussed the value of Guanxi when starting up in China, but there is another cultural phenomenon here commonly known as "giving face". This can be one of the most difficult pills to swallow for foreigners starting up in China but can prove to be an extremely valuable asset for those that can pull it off well. This episode really dove deep into how to mitigate your frustrations with some of China's systems and beaurocracy, and where to look for opportunites in them instead.

China is the largest market place for internet lending in the world, almost quadrupling the rest of the world combined at nearly $60 billion in 'originations' (where loans are being 'originated'). We discuss why this is the case talking about the 'black economy' in China that has moved online, and the lack of the ability to gain credit or obtain a proper credit score. We also talk about the role that internet banks are going to play in this field helping small to medium businesses obtain loans in the future.

Stanford before it was cool; Yahoo! before internet mail and search; Walmart e-commerce in China: To say Mr. Lee has been ahead of the game would be a serious understatement. Joining BTCC as CEO in 2013, Mr. Lee has grown BTCC to become China’s no. 1 Bitcoin giant, and one of the largest Bitcoin exchanges in the world.

Milo is an expert in advertising, who knows how to bridge the gap between big business and the solutions startups bring to the table. He is an Expert in Residence at Chinaccelerator who helps teams develop their story and message. He has worked at many of the big names in advertising and brings his experience and approach to startups in today's cast.

Greg gives us insight into how he has raised money from leading investors, SOSV and 500start-ups. He tells us his passion for informing and inspiring the marketplace through client obsession to boost their net promoter score. Greg, as “a chief everything officer”, shares how to run a start-up like he runs ultra-marathons and why entrepreneurs should “start before they are ready!”

This week we dive into the legal landscape of starting up in China with the man who helped Kai Fu Lee put together the $500 million U.S. dollar fund, incubator and accelerator, Innovation Works. Benjamin left California to become an IP lawyer in Beijing in 2006, then post Innovation Works Benjamin joined Cooley LLP in China before recently joining Loeb & Loeb, so he has an incredible amount of experience and knowledge that he brings to the podcast.

After a successful blogging career with Mobinode Gang then turned it into the first full-blown tech and startup online news site Technode. Ganglu also runs TechCrunch.cn, the China version of TechCrunch, and is a fixture in startup journalism in China. We tap into his incredible experience covering news and trends in China looking to better understand where the ecosystem has come from, where it is, and where it's going.

Buckle up as we welcome one of China's top entrepreneurs David Chen, CEO of Strikingly.com. Having quit Goldman Sachs and his studies at the University of Chicago, despite his parent's wishes to the contrary, David never gave up on his dream and followed it to Silicon Valley despite not getting into Y-Combinator on his first attempt.

A treat for the China Startup Pulse as we welcome the man behind one of the most successful VC funds in the world. Sean tells us about his passion for music, engineering and humanitarian work as well as MapInfo, Sean's first start-up that put street mapping on personal computers (that subsequently went IPO).

Stephany Zoo joins us on this week's show bringing energy and insight to the art of networking. Founder of The League of Extraordinary Women, Co-Founder of BUNDSHOP, Founding Partner of LeagueX, SH Director of UN Charter School World Acadamy for the Future of Women, (the list continues)...we dip into a variety of topics to hear about Stephany's vast experiences.