Housing continues to be a key component driving inflation this year.
More Quotes from Tai Hui:
It's very difficult to see how China can decrease its trade surplus in the short term. China is very self- sufficient in terms of consumer goods and electronics and while they can buy more Boeing and Airbus jets, they are already doing that and still recording a surplus.Tai Hui
Rising rentals over the last one to two years will continue to be reflected in new leases.
Tai Hui
They have been doing a lot of domestic traveling in the last couple of years and they are very willing to come out and spend and enjoy themselves.
Tai Hui
Electricity doesn't travel very well. And there's no big power consumer among China's immediate neighbors that China can sell to.
Tai Hui
The government would like to see a bigger push from the private consumption side to drive the economy, ... is pretty good news for some of these foreign companies.
Tai Hui
Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.
Tai Hui
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