Historical bias? When China creates a new industry rather than improving and reducing the cost structure of existing industries, then I'll be a believer.
BTW, Are we talking about two different things? The article was talking about venture investment in general (which you seem to be talking about) but the title (and your original comment) was about "Who will fund the next Steve Jobs?". While I think China's rise in wealth, middle class, political influence, etc are nearly unstoppable, I doubt that the next Steve Jobs will come from there (or if he is Chinese, he will work in the US).
My interpretation of "the next Steve Jobs" is:
1) starts a many billion dollar company
2) that company creates (ie Apple and the PC) or matures (Google and search) a big, new industry
3) retains control of that company and is the global face of that company (ie Jobs, Ellison, Gates, Phil Knight, Oprah, Larry + Sergei, Buffet, Bezos, heck even Astor, Carnegie, JP Morgan, Hughes, etc)
I can't make any useful predictions about where someone like that would come from because I can't predict the new industry, but the safe bet for those criteria would still be the US.
4) success of personality and company make them widely known and recognized outside of their industry and their country
India does not have as much middle class as China so I don't think you will have have a big rise in India as we'll see in China.