China needs a currency that reflects underlying economic fundamentals.
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem.
Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.
Unlike China's growth story, which has been built on the strategy of creating excess supply, the Indian growth story has been built on the strategy of responding to incentives generated by excess demand. Which is why a certain degree of inflation is built into the Indian growth process.
If America is addicted to foreign money and foreign oil, then China is addicted to foreign supplies of just about every commodity known to man - save highly polluting coal.
It is important that China stop its over-reliance on municipal debt to finance infrastructure. I take comfort in the fact that China's leaders understand this.
China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate.
China has set its cultural industries as pillar industries.
The public doesn’t have to be hostile to the rich. ‘Robbing the rich to help the poor’ will only drive the rich away to other countries along with their money. As a matter of fact, their wealth should be respected. All wealth in China belongs to the country.
As China grows economically, in its wake you will see a greater degree of political liberalization, a greater confidence in embracing the democratic principles …
Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.
China's energy is very much focused on coal, and the economy is very focused on heavy industry, which is carbon intensive, so restructuring won't be easy.
Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.
Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.
Beijing is trying to split the baby between simultaneously liberalizing the economy and maintaining economic stability, but those two factors are increasingly mutually exclusive.
The global boom in commodities fueled by a debt-financed infrastructure and real-estate bubble in China is over.
You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem.
China is bearing the environmental cost for much of the world because China is the factory of the world.
The total economy of Latin America is bigger than China.
As for when to reform the yuan, there is no timetable yet.
I think the implications for the rise of China are huge in terms of the political landscape, economic balance, de-velopment thinking, and the environment.
China is so central to our economic lives that journalists have had no choice but to engage China with greater technical analysis and precision.
China has been on a historic commodities binge as it doubled the size of its economy in recent years to become one of the world's largest. Even so, those fundamentals begat - as they have so often throughout human history - a feeding frenzy.
In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy.
The Chinese economy is growing at the rate of 9 percent; the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.
