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He believes that London's banks and asset managers will "offer real added value in the China market."

He first came to Shanghai in 2008 to study for his master's degree at Donghua University. Later, he also gained a doctoral degree in business management.

He noted that the main beneficiary of the switch from traditional data center infrastructure looks set to be hybrid clouds. "China currently tracks the global and regional hybrid workload average with 20 percent usage. However, the anticipated impact over the same time frame will see a massive 225 percent rise on that figure, firmly establishing Chinese enterprises as the world's leading adopter and user of hybrid technologies."

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He has been living and working in Panama for 36 years. Initially, he started working for the family business, and later began his own business career, engaging in retail, trade and real estate.

He believes that playing with robots can inspire students and boost their confidence. The toys and related lessons can change the classroom atmosphere.

He has finished visiting Australia, New Zealand, Japan and Mongolia.

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He called on authorities to introduce measures including interest rate cuts to boost purchasing power and expand demand.

He made the remarks during the presentation of the 122nd Canton Fair in Kiev, which was attended by representatives of about 90 companies from all over Ukraine.

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He later walked back his statement, telling reporters he was "looking into it" and that a global pandemic was "maybe not" the best time to freeze funding for the international organization.

He indicated the changes would include a rise in the number of independent directors as well as a wholesale overview of the responsibilities of its chairman.