Asian startup investments almost doubled in H1 2016. But it’s not all good news.

First, the good news. It’s still summer in Asia, with startup funding – including both early and late stages – almost doubling in the first half of this year compared to the same period in 2015, according to the Tech in Asia Database.

The increase happened despite only a slight uptick in number of deals made.

China continues to roar ahead. Its total funding more than doubled, though late-stage funding appears to be drying up.

Now, the not so good news, especially for the non-Chinese: China’s dominance in Asia has become even stronger.

While China formed three-quarters of all VC investments in Asia in the first half of last year, this time it has gone up to 87 percent.

We still see growth throughout Asia though. Many countries, including Hong Kong, Indonesia, Israel, Malaysia, Vietnam, and Singapore, saw a rise in venture capital funding in H1 2016.

Southeast Asia, save for the Philippines, appears to have had a good first half.