Quotations
Famous Quotations
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Qu Hongbin Quotes
«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,»
Author: Qu Hongbin
«How Chinese exports perform is largely driven by external demand rather than the exchange rate,»
Author: Qu Hongbin
«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.»
Author: Qu Hongbin
«We expect growth in fixed investment to slow from 27 percent last year to 15 percent in 2004 and around 10 percent in 2005,»
Author: Qu Hongbin
«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.»
Author: Qu Hongbin
«China's economy has so far performed better than people had expected. Export growth is also stronger than expected.»
Author: Qu Hongbin
«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.»
Author: Qu Hongbin
«You could say China is actually 20 percent richer than anybody initially thought.»
Author: Qu Hongbin
«It's a challenging task but that shouldn't be an excuse for China not starting on it right now.»
Author: Qu Hongbin
«The key to bolstering domestic consumption is to shore up citizens' personal incomes.»
Author: Qu Hongbin