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Avantee west coast, feel good travel. Hello, I'm Helen Joyce, the Economist's finance editor.

Welcome to Money Talks.

Coming up on the program, will Dropbox's IPO filing be a success?

Private investors are more bullish than public ones, so other tech firms will be watching to see whether this strategy pays off and charging the electric car revolution.

Companies like Volkswagen, for example, that have come slightly late to the idea of electric vehicles. They're pretty desperate now to get hold of

quantities of COBOLT sufficient to be able to make the transition. First, one of the most powerful institutions in China has a new boss.

The People's Bank of China, China's Central Bank, announced that E Gunn will become its next governor.

The appointment of Mr E who studied in America is a subtle sign of change in the way people

with economic power in China are chosen. With more on this our Asia

economics editor Simon Rabinovich joins us on the line from Beijing. Tell us a

bit about this appointment then Simon. Well the appointment was to a certain

extent unexpected there was a short list of candidates of possible replacements for Joe Shoueauchuan

who'd been the governor of the People's Bank of China for the past 15 years I e-Gung was on that short list, but he was probably seen as the least

favored of the candidates.

He is extremely skilled with a lot of experience working for the PBOC, so in most countries he might have been seen as the favorite, but what he supposedly

had going against him is that he has extensive academic experience abroad. He did his PhD at the University of Illinois.

He then spent several years in the 1990s

as a professor at the University of Indiana.

He speaks fluent English.

He's been a relatively common figure on the international economic circuit over the last 20 years.

...