I agree with you. But I'm not suggesting that people develop business based on the location of YCombinator. YCombinator accepts applicants from all over the world who want to focus on specific issues that their home markets exhibit. Just the other day someone was promoting FinTech for South America.
In my OP I said it would be work. It would be more of a challenge for Mainland Chinese applicants to launch their businesses while not being in the Mainland, but if that was their biggest problem then they're prepped for success!
In my OP I said it would be work. It would be more of a challenge for Mainland Chinese applicants to launch their businesses while not being in the Mainland, but if that was their biggest problem then they're prepped for success!