The biggest mistake we’ve made so far:?“Wasting time on traditional VCs. They seem to be focused more on short-term software plays, and not companies with a hardware model — even if the hardware model has unique and innovative aspects.”
The bank intends to open other regional offices, but the timing of this is unclear, said Kamath.
The balance of renminbi loans was 7.39 trillion yuan at the end of March, up 4.6 percent year on year, according to the People's Bank of China Shanghai Head Office.
The average PM2.5 density in the combined Beijing-Tianjin-Hebei region during the period, for example, was 82 mcg/cu m, up by 6.5 percent year-on-year, the ministry said.
The as-yet unnamed ship will be built at Waigaoqiao, Shanghai, by a joint venture between the State-owned China State Shipbuilding Corp and Italy-based Fincantieri SpA, the world's largest cruise shipbuilding company.
The balance of special mention loans, potentially weak loans or assets presenting an unwarranted credit risk, accounted for 3.64 percent of total loans as of June 30, falling from 3.77 percent as of March 31 and 3.87 percent as of Dec 31.
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The atmosphere outside the meeting is very festive. There's food and live music. Overall the demonstrations feel bigger and more organized than years past. pic.twitter.com/WBO9Nk03Mm
The award-winning movie star and producer was in London on the weekend to promote a festival dedicated to the achievements of the Hong Kong film industry during the past 20 years.
The bank will step up efforts in supporting projects of clean energy, new energy, and development and utilization of renewable energy in Africa, said Xie Ping, deputy governor of the China EximBank.
The biggest risk that Hong Kong faces is rampaging violence, not threats to its "human rights" or "democracy", Yang said.