The Taiwan issue is miles ahead of any other agenda, as far as China is concerned. A reiteration of the one-China policy would be the minimum expectation from China. Any comments against the current movement would be considered a breakthrough.
More Quotes from Dong Tao:
Within the investment data, government-sponsored infrastructure investment projects are in full swing. But the real story is the sharp rebound in the real-estate sector. The rise of property prices in second-tier cities has now evolved into a national event.Dong Tao
Will the government really hit the brakes I doubt it. Much of the investment is following government instructions. It's in second- and third-tier cities. This is what the government wants. They've regained solid control over inflation.
Dong Tao
The austerity program ... slowed bank loans and undermined the cash flows of weak developers. However, it did not do much to halt domestic hot money, which appears to be returning in full swing.
Dong Tao
The biggest beneficiary of all this is the United States. Look, a Barbie doll costs 20 but China only gets about 35 cents of that.
Dong Tao
This is clearly not what the government expected.
Dong Tao
China has become one of the forces lifting these two countries out of recession.
Dong Tao
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