He called upon all the governments in Asia in particular to clear hurdles in the way of private-sector investment for building infrastructure.
He is much less worried about an economic or financial crisis in China as some have predicted. "I think China has enough resources and buffers to be able to prevent the rising debt level turning into a financial crisis," he said.
He joined Lagarde and others in warning of the risks to world growth and economic development from threats to world trade after the US imposed tariffs on tens of millions of dollars of Chinese exports and China responded with similar retaliatory taxes on imports of US goods.
He collected illicit gains of 7.2 million yuan either by accepting properties himself or through his wife. The bribery will be confiscated and turned over to the national treasury, according to the court.
He made the comments Friday, at a inauguration ceremony where an industry alliance to promote development of China's AI industry was officially established.
He joined In and Out in 2010.
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He noticed such a trend in 2014 while exploring how to better sell consumer electronics online. He met executives from JD Inc, a Chinese e-commerce platform. The platform's giant data pool and buyers' online feedback revealed an increasing interest among consumers in gaming-related electronics.
He cited spicy hotpot restaurants as an example. Yuen said it is rare to see such restaurants in Hong Kong as spicy food is not popular there, but the eateries are common in Guangzhou thanks to a large and diverse population.
He noted that the partnership is set to increase smartphone penetration in the country, and fast-tracking Jumia's vision to drive digital inclusion in Africa.
He has "game danced" for nearly a decade.