The absence of legal PE fund has undoubtedly hindered the development of VC industry in China.
People's knowledge on PE fund has been widened over the past decade and the environment to run PE fund in China is getting mature.
The banking sector plays a key role in national economic development. We will make more efforts to attract strategic investors, improve management systems and enhance the risk management of banks.
The US people have enjoyed the cheap prices of made-in-China products.
We should gradually increase imports to reduce the large surplus between U.S.-China and gradually buy less U.S. debt. Holding so much foreign-exchange reserves exerts a great deal of pressure on our monetary policy.
The money we worked hard to earn is lent to foreign countries, allowing them to earn more money. This is not as good as us using the money to buy U.S. goods directly, which can effectively reduce the (trade) deficit.
Copyright © 2024 Electric Goat Media. All Rights Reserved.