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Qu Hongbin quotes

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    I Like this quote I dislike this quote“China has emphasized that they do not want to make the currency issue into a political issue, which means that China will continue to hold dialogue with trading partners to search for proper solutions, and the exchange rate is not necessarily the only means to do that,”

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    I Like this quote I dislike this quote“How Chinese exports perform is largely driven by external demand rather than the exchange rate,”

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    I Like this quote I dislike this quote“But if you have a big trade surplus it will give Western politicians an excuse or tool for them to put pressure on the currency.”

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    I Like this quote I dislike this quote“We expect growth in fixed investment to slow from 27 percent last year to 15 percent in 2004 and around 10 percent in 2005,”

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    I Like this quote I dislike this quote“There's only one conclusion: Continuing to bolster labor-intensive production and exports is the only viable means for China to absorb its surplus labor and improve rural living standards.”

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    I Like this quote I dislike this quote“China's economy has so far performed better than people had expected. Export growth is also stronger than expected.”

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    I Like this quote I dislike this quote“There are various hidden uncertainties if we look at the main growth engines. Exports depend on external factors and it will be a big question as to whether China's exports can be a single flower blossoming if the world economy slows next year.”

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    I Like this quote I dislike this quote“You could say China is actually 20 percent richer than anybody initially thought.”

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    I Like this quote I dislike this quote“It's a challenging task but that shouldn't be an excuse for China not starting on it right now.”

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    I Like this quote I dislike this quote“The key to bolstering domestic consumption is to shore up citizens' personal incomes.”

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