Quotable
The Asian Infrastructure Investment Bank has a range of potential tools at its disposal. It can invest or fund directly, allowing it to perhaps take a slice of the risk. It can provide guarantees or help with ensuring the right advice is given up front to infrastructure projects to be more attractive for outside financing and investment."
James Cameron, director of Asian project and export finance at HSBC Holdings Plc
"Under the current laws, levying taxes on e-commerce companies is legal, because they earn their money by providing goods or services. They should pay business tax, value-added tax and corporate income tax."
Zhang Muyang, researcher at the China Public Finance Institute under the Shanghai University of Finance and Economics
"It's inevitable that Internet financial enterprises will list on stock exchanges. A dozen peer-to-peer companies may conduct initial public offerings within a few years and raise hundreds of billions of yuan. And their price-earnings ratios will be even higher than those of the traditional financial institutions."
Yao Yudong, director of the Research Institute of the People's Bank of China
(China Daily European Weekly 07/03/2015 page18)
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