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As the trend of protectionism spreads from developed countries to developing ones, Bao regarded China as the backbone of global financial stability, with its rising stature in global finance.

As the country opened up on the scope of business for foreign banks, Citi China's areas of business have gradually expanded over the past few decades from foreign currency-denominated business to renminbi business, and from large corporates to small-and medium-sized enterprises and consumer banking. In 2007, the bank was one of the first to become a locally incorporated bank with comprehensive functions.

As the firm’s largest shareholder, he’s insulated from shareholder activists who shake up other companies, even large ones. In an interview with Business Insider’s editor-in-chief Henry Blodget — note that Bezos has a stake in that publication — he crowed about how little time he spends with institutional shareholders.

As regular readers of this letter will know, our energy at Amazon comes from the desire to impress customers rather than the zeal to best competitors. We don’t take a view on which of these approaches is more likely to maximize business success. There are pros and cons to both and many examples of highly successful competitor-focused companies. We do work to pay attention to competitors and be inspired by them, but it is a fact that the customer-centric way is at this point a defining element of our culture.

As she was treated to a bowl of virtual noodles, Xiao Hong dropped several cartoon hearts on the ground before saying: "The noodles were really delicious. Thank you so much, but many of my friends are still starving. Can you help us?"