This is a big issue because sectors such as telecoms, energy and financials are still heavily regulated by the state. In contrast, others such as manufacturing have been opened up for a long time and there's now very limited government influence over them.
More Quotes from Patrick Lo:
From an equities point of view, we think China will go from strength to strength over the next couple of years. We might see some adjustments, but I don't think they will be major corrections and that means there should still be plenty of investment opportunities for us.Patrick Lo
The business community will require more upscale (devices). You have to be able to roam between access points.
Patrick Lo
Readers Who Like This Quotation Also Like:
Based on Topics: Energy QuotesBased on Keywords: telecoms
The end of reading is not more books but more life.
Holbrook Jackson
Helplessness induces hopelessness, and history attests that loss of hope and not loss of lives is what decides the issue of war.
B. H. Liddell Hart
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned.
John Hull