In May 2007, he worked to reduce the capital required to run a bank.
To do this, he knew, China would require foreign capital.
But "the amount of new capital required by this industry has gone down dramatically over the past five years."
Small-scale industry does not require much capital and high technology.
"These firms will still require capital, and the only place they have to turn to is the private marketplace."
"The projects that we're talking about here require capital," he said.
How far were such new ways of mobilising capital required?
It requires capital, but the citizens of these former Communist countries generally do not have any.
Advancing new energy resources requires sustained private and public capital.
Opportunity, for the typical man or woman, requires capital, stability and the rule of law.