Hasso Plattner sat comfortably on a couch as more than a dozen journalists quizzed the 70-year-old on the future of big data, cloud computing and everything about next-generation information technology.
It is not often that one would find a technology guru who is a billionaire, passionate about education and some one who is adept at cracking jokes. Hasso Plattner, the 70-year old co-founder of German software giant SAP AG, however, fits all these roles to perfection.
China's ambitious urbanization plans are a new business opportunity for overseas cloud computing companies as local governments seek smarter ways to manage their cities.
Recent attempt by a Chinese domestic brand to work with overseas retailers has reportedly fizzled, with French cosmetics and fragrance group Coty Inc announcing it would halt sales of the products of Chinese skin-care brand TJoy.
Weibo, the United States-listed Chinese social media platform, said it expects to open its integrated payment function to registered users by the end of June.
While the number of credit cards keeps growing in China, overdue payments and non-performing loan ratios for credit cards also are soaring, Beijing-based Web portal NetEase said in a report published on Thursday.
Russia and China could soon sign another major contract for gas pipeline construction after inking a landmark 30-year gas deal in Shanghai during Russian President Vladimir Putin's state visit in May, a senior Russian official said Wednesday.
China remained the leading investor and proponent of renewable energy in 2013, even as global investment fell sharply, according to a report.
Shenzhen, Guangzhou and Hangzhou are the top three e-commerce cities in China, according to a report by AliResearch, a research organization affiliated with Alibaba Group Holding Ltd, that was released on Wednesday.
Corporate bond issuers are expected to borrow a record amount overseas this year amid tightened liquidity at home, reports Gao Changxin in Shanghai
Domestic funding sources are shrinking for the nation's property industry, which is going through a period of transformation, and developers may need to look at offshore markets to raise cash, said analysts.
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