Zhang Xin Quotes

It affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.

You want a political culture that works to create conditions under which an economy can thrive? Since signing the Oslo Accords with the Palestinians, Israel has spent two decades working to unshackle its economy from its socialist roots, with remarkable results.

There is never enough gold to redeem all the currency in circulation.

As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.

We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system.

China needs a currency that reflects underlying economic fundamentals.

As for when to reform the yuan, there is no timetable yet.

In Argentina, if the weather is bad, critics will blame it on the currency board.

To live well in the second half of the 1990s and into the 21st Century, Australians have to produce and trade better than we have in the past….to improve workers' living standards and generate more jobs, we need to make major changes in the way our companies are managed and our factories produce wealth

Commerce is the greatest of all political interests.

A great deal of small change is useful in a state, and tends to reduce the price of small articles.

The largest annual U.S. trade deficits since 1980 have been accompanied by the largest annual job-creation numbers in recent memory. The reason is simple: stronger economies tend to have stronger currencies, and the increased economic activities in these stronger economies and exchange-rate differentials lead inevitably to trade deficits

For many countries, monetary sovereignty is nothing more than an unattainable ideal.

30 years after China embarked on its fitful embrace of the free market, it has no single unifying doctrine—no ‘central melody’—and there is nothing predestined about what kind of country it is becoming.

The American economy must be altered to put business back in the driver's seat. The correct role for finance is to support job creation.

Money is not something you just print. It must be backed by something, either good economy or gold.

Western investment is usually assumed to walk hand-in-hand with the democratic values of its home countries, and indeed, opening an economy to outside money is one of the textbook steps in a shift from authoritarianism to an open society.

Beijing is trying to split the baby between simultaneously liberalizing the economy and maintaining economic stability, but those two factors are increasingly mutually exclusive.

From time to time, an excessively strong dollar may have negative short-term implications on the economy.

China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.

The Chinese government does not like people betting against the yuan.

The Chinese are the greatest that ever came about, they are the greatest currency manipulators ever.

I think the modernization of Chinese economy and Chinese society is a prime concern.

I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?

If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.