Ziroom, a Chinese app similar to Airbnb but for long-term rentals, is planning to use individual credit ratings of users, rather than cash deposits, to authenticate leasing transactions.
[Photo by Ma Xuejing/China Daily]
[Photo/Chinese-embassy.org.uk]
[Photo by Zhang Tao/Asianewsphoto]
— Jeff Bezos (@JeffBezos) February 27, 2017
Zhu Ning, an expert on China's financial system and professor of finance at Shanghai Jiao Tong University's Shanghai Advanced Institute of Finance, insisted the emphasis on the quality rather than quantity of growth was now the right way forward. There was no indication of specific GDP targets in the proposals, which appeared to be a departure from the past.
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“A competitive return on investment is one of the main drivers for foreign investors to enter China’s bond market, in addition to the increase of market transparency and improvement of liquidity,” said Li Bing, head of Bloomberg China.
Zou Shuo and Xinhua contributed to this story.
Zuckerberg, appearing tonight on The Charlie Rose Show (11 p.m. on KBTC in Seattle), covers a wide range of topics in the interview from China to education to when the social networking powerhouse might go public.
luciemorangi@chinadaily.com.cn