Ex-CICC chief: technology will not kill finance

Levin Zhu, son of former Chinese premier Zhu Rongji, tells the Boao Forum that finance still needs the human touch and that technology will not lead to its extinction.

Ex-CICC chief: technology will not kill finance

Technological development will not lead to the extinction of finance because it can't replace human-to-human communication in financial services, according to Levin Zhu, former chief executive of China International Capital Corporation.

“If you want to manage people’s wealth, you have to talk to them about their needs...You can of course send an email to everyone in the world in one second but many things cannot be easily solved through an email. It requires a...

To continue reading, please login or register for free

Click for more on: china | fintech | p2p | banks | compliance | boao forum | levin zhu

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...