It is necessary for the country to set up a super-regulator to help clear some regulatory blind spots."

Liu Junhai, business law professor at Renmin University of China in Beijing. Recent incidents in the Chinese bond market have highlighted the lack of internal risk controls, analysts say, which may help accelerate regulatory reforms toward a more coordinated regime.

"The best part of being a tenant here is that you can make full use of various services, and you see opportunities everywhere. It's like a 24-hour party of entrepreneurs. Everyone wants to know about everyone else's business - ' How can I help others through my business?' That's what drives us. You can have a shower late at night because this space is open 24/7."

Jasmine Jin, a startup co-founder and tenant at WeWork's co-work site in Shanghai

"What LeEco lacks is not the money but the execution. Unless LeEco makes a significant reform in business and product, no strategic investor will enter into it. It should cut down the businesses that burn cash and lack core competitiveness, shifting its focus to the R&D of key technologies of core products."

Shen Meng, director of Chanson & Co, a boutique investment bank

(China Daily European Weekly 12/30/2016 page24)