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From China's perspective, to determine whether this is a good thing or bad thing we have to look at whether the market has healthy competition, is this good money replacing bad money or bad money replacing good money?

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Reuters 9 years ago
Eric Xu

Eric Xu

Dr. Eric Xu Yong is a Chinese entrepreneur, investor, and philanthropist. He is most familiarly known as a co-founder of Baidu, the world's largest Chinese search engine.

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