All of these things are what foreign competitive institutions are good at and what Chinese institutions lack. |
Any analysis of the demographics of emerging markets tells you that consumer finance is going to be an important part, and a rapidly growing part, of the financial-services spectrum for a long time to come, |
As if China's economy was not growing fast enough, thanks to a statistical revision, growth in 2005 looks like being about 30 percent. |
As soon as we have market makers, banks will be given freedom to price dollars against yuan. They would definitely create a market. We expect the margin in which the yuan is traded will widen. |
As the market making system matures -- and we expect it to rapidly -- we expect to see significant increases in both price volatility and trading volume. |
Beijing is becoming like a massive aid donor. It will face exactly the same problems as the World Bank faces aiding Third World countries. |
Can the government introduce price relaxations gradually enough so as to keep CPI at two-three percent a year?, |
China is at a point in growth where South Korea was in maybe the mid-to-late 1960s. It took Korea another couple of decades before it got to a situation where it was a much more consumer-reliant economy. |
For sure, Washington is going to be rowdier. |
For the last three years we've been debating the whole share sell-off reform. Now people are a lot more bullish. I think there is a sense that the worst is over now. |
I am worried that there are people working in television who know something is going to be offensive and then just go ahead and show it. |
I don't think this out of control. I would say, given that most people are expecting a slow down in the U.S. this year, they probably wouldn't want to put the breaks down too hard. |
I find both very similar .... The differences are more related to the process of actually putting them in (a patient), and that's a personal preference. |
I'm surprised it hasn't happened earlier. This kind of volatility is hardly earth shattering. |
If they know we may be offended by a programme, they have the chance to stop it. But they just keep going. |