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Chinese electric car startup Nio saw its first ever positive cash flow from operations in the second quarter this year since its establishment in 2014, said its founder and CEO William Li on Tuesday.
Chinese investment growth has rebounded since October 2018 due to high infrastructure investment from local governments, but it remains to be seen whether it is sufficient to stabilize growth in 2019, according to Mariscal.
Chinese authorities also tightened their grip on the internet financing market to rein in financial risks. Regulators ordered a ban on Initial Coin Offerings and they shut down all virtual currency exchanges in the country. Unlicensed firms or individuals were banned from carrying out cash loan or micro lending business.
Chinese and international journalists visit Beijing Fun, an area to experience Chinese life, on April 23, 2019. [Photo by Wang Zhuangfei/China Daily]
Chinese and Japanese business leaders and former high-ranking government officials met in Tokyo on Tuesday and called for deepening industrial cooperation and exploring third-party markets.
来源：资阳报