Things MUST be looking real good when capital is flowing into a country. And in China, Dow Jones says that a whopping $1.3 billion was invested in 89 venture-backed companies in Q3 2011. That is a 84 percent increase in investment and a 19 percent increase in deal flow over the same period last year. IPOs dropped a little though, perhaps partially attributable to the VIE that scares so many companies in China, causing them to stay put with their IPO plans. A total of 29 IPOs raised $4.6 billion in Q3 2011 compared with 33 IPOs that raised $3.9 billion in the same period in 2010.