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Dell Technologies has pledged to launch more cutting-edge products and invest at least billion in China next year as the US company sees great growth potential in the nation's market.
Despite rising downward pressure, China's economy is holding steady against headwinds with strong resilience and large market potential, Xin said.
Despite cyclical uncertainties, foreign investors have displayed firm faith in the Chinese economy. Foreign direct investment (FDI) in China rose 6.9 percent year-on-year to 604 billion yuan (.9 billion) in the January-August period, Ministry of Commerce data showed. In US dollar terms, FDI inflow grew 3.2 percent.
Despite Alberg’s favorable impression of Bezos and his plans, Alberg’s unnamed friend still?declined to invest, because he considered?Bezos’ -million pre-money valuation of the company too high. But Bezos wouldn’t lower it. In the end, it took Bezos nearly a year to raise the money, which came partly from his family, because “lots of people passed” on the offering, including “a couple of small venture firms in Seattle” that found it too risky, Alberg recalled.
Derksen recounts this funny anecdote in his German book, Und Taglich gruBt der Tigervater: Als deutscher Schwiegersohn in China (And the tiger father says hello everyday-As a German son-in-law in China) based on his love story with Zhu Liping. The book, having sold more than 20,000 copies in Germany, has been translated into Chinese titled Meet the Tiger Fatherin-Law and published by Tongji University Press early this year. The first run of 5,100 copies has sold out.