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Chris Kelley, principal of Menlo Park, Calif. venture firm DFJ said the best entrepreneurs don’t just look at the players in the market, they look for problems that aren’t being solved. Kelley says DFJ, which has?invested in several cloud companies as well as big names like Twitter, Baidu, Redfin, SpaceX and others, would absolutely invest in a company looking to put up a challenge against even the biggest players such as Amazon Web Services or Microsoft’s Azure.
Citigroup said business lending in Asia hasn't increased for the last three quarters and declined 7 percent in the second quarter from the same period a year ago.
Chongqing Changan Automobile has agreed to sell its stake in a 50-50 partnership with Peugeot SA. It marks the end of the struggling joint venture that has been producing DS-branded vehicles in China.
Citi aims to expand cross-border renminbi settlement and promote the currency to corporate clients, as well as strengthen its operations for institutional investors in China's bond market.
Closed shops are seen at a market in Islamabad, capital of Pakistan, on March 23, 2020. [Photo/Xinhua]
来源：资阳报