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Back in the 1990s, Cai Mingpo, 48, was just a "poor Chinese student" in France. Today, he helms the billion Cathay Capital Private Equity.
Baristas prepare coffee at an Easy Joy cafe, a brand of State-owned gas and petrochemical enterprise Sinopec, in Suzhou, Jiangsu province. [Photo by Hu Qingming/For China Daily]
Bao's main source of income comes from copyright fees for columns, online advice, including a two-minute Q&A session with listeners, which costs just 8 yuan.
Banks and other financial institutions have been subject to stricter supervision, and action has been taken against irregularities, such as shadow banking. Wang noted that the situation remains grim and said the commission that "not a single risk will be neglected and not a single hazard will be let go."
Banks bought 9.6 billion worth of foreign currencies and sold 6.7 billion, resulting in net sales of .1 billion last month, up 15 percent from April, according to a statement from the State Administration of Foreign Exchange (SAFE).
来源：资阳报