Li Peng Quotes


It is impossible for us to proceed with reform and expand the economy amid social upheaval. Order leads to prosperity and chaos to decline.


Citations

Li Peng, Premier of China, Speech, National People's Congress, March 1992

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

Many corporate executives were claiming that they were not investing in growth and jobs because they were uncertain about the future tax rates or regulatory environment with which they would be coping. But with elections coming up, there has never been such certainty, and much of the best growth in American business was in the Clinton administration where these policies were under constant debate. Immelt identified the real problem: Demand for products and services was very weak.


The Progressive article was an interview with Movie Director and Screenwriter Oliver Stone who told the interviewer that he had learned of this quotation when he did his research for his film, South of the Border where he had several interviews with President Kirchner.


Actually the statement is not literally true though the exceptions are not numerous. People who sold their American common stocks before the 1929 stock market made money. The few people who bet against the U. S. Housing and Mortgage markets before the Meltdown of 2008, made a great deal of money. Over extended long periods, Biden’s statement is true.


Li Peng
Li Peng
  • Born: October 20, 1928
  • Died: July 22, 2019
  • Nationality: Chinese
  • Profession: Hydroelectric

Li Peng was a Chinese politician who was the fourth Premier of the People's Republic of China from 1987 to 1998, and as the Chairman of the Standing Committee of the National People's Congress, China's top legislative body, from 1998 to 2003. For much of the 1990s Li was ranked second in the Communist Party of China (CPC) hierarchy behind then Party General Secretary Jiang Zemin. He retained his seat on the CPC Politburo Standing Committee until his retirement in 2002.