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High leverage ratios, excessive impulses to make profit and insufficient regulation are all daunting challenges.

He's bullish about Renault's development in China as it shares Dongfeng Nissan's production facilities. The Dongfeng-Renault-Nissan partnership produces budget choices carrying the Nissan badge, while Renault takes the higher segment with more comfort and technology configurations. Renault and Nissan have synchronizing effects from sharing the manufacturing platforms, but do not cross sell to customers, according to Carlos Ghosn, president and CEO of Renault-Nissan Alliance, in an earlier interview. He said those customers who are considering a Renault model will not compare it with a Nissan model, so the lower-priced Nissan faces no threat from the better configured Renault.

Hillhouse, founded by Zhang with money from the Yale University endowment, can invest globally from its offices in Beijing, Hong Kong, Singapore and the US.

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He won the presidency by a landslide in the 2016 presidential election. His daughter, Sara Duterte-Carpio, is currently the mayor of Davao City.

Hearing the news, Chen's family decided to move back. Under the standard of 20 square meters per person, the family of six got an apartment of 120 square meters with four bedrooms and one living room at the end of 2017.

Herman Yu, CFO of Baidu, said the company's disciplined approach to spending, focusing on investment returns across the board, sheds light on the strong and improving margin contribution from in-app search and feed.

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Higher wages and better living standards mean many Chinese are no longer satisfied with cats and dogs, so they are embracing lizards, snakes, crocodiles and even rare ants. Yang Wanli reports.

Health issues are widespread among the group. The National Health Commission said nearly 180 million seniors have chronic diseases, and 40 million have various levels of disabilities.

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Her latest annual income quadrupled her earnings from the previous year and bumped last year's top-ranked Emma Stone from No. 1.

He will kick off the tour from the iconic National Stadium in Beijing on Sept 9 and will visit 30 cities across the Chinese mainland throughout 2017 and 2018.