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Chan recalled that when he was in the government, he insisted on ensuring that financial technology was developed in a well regulated environment. His insistence might have hampered the development of the P2P, or person-to-person, lending platform. But, the collapse of these markets in some economies has proved that he was right.
Check out Pichai’s full interview with Bloomberg Businessweek here.
Chen Bin, executive vice-president of the China Machinery Industry Federation in Beijing, said it is vital for China to boost exports in sectors such as passenger vehicles, electronic products, furniture, clothing and foodstuffs as they involve a large number of upstream and downstream industries with millions of industrial workers in both domestic and global markets.
Central banks of other countries and sovereign fund managers are now reserving more RMB-denominated assets, but the proportion is still small.
Chehaoduo Group, the parent company of Guazi.com, China's largest used-car dealer, and Maodou.com, announced on Thursday a .5 billion investment from the SoftBank Vision Fund.
来源：资阳报