If you look at what most other money going into China is earning, it is not that inefficient. If you don't invest in U.S. bonds, what do you invest in
More Quotes from Ping Chew:
It's probably one of the necessary conditions. If you don't have inflation falling, it's unlikely that authorities could lower the interest rate.Ping Chew
This report brings together our latest thinking on the key developments and credit outlooks of the major financial services sectors in Taiwan. This report also addresses the rating implications of the emergence of financial holding company (FHC) groups since late 2001.
Ping Chew
The fiscal position has to improve not just from the revenue front but also the expenditure side. At present, India's expenditure remains rigid, with spending on interest, salaries and pension limiting ability to spend on other critical areas.
Ping Chew
This will definitely add to pressure, especially from lawmakers in the U. S. for further appreciation of the yuan.
Ping Chew
There are some political uncertainties and this is unfortunate. If this remains unresolved, it could impact policy and reform efforts. It could induce negative sentiment.
Ping Chew
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The system becomes more coherent as it is further extended. The elements which we require for explaining a new class of facts are already contained in our system. In false theories, the contrary is the case.William Whewell
Better to have beasts that let themselves be killed than men who run away.
Jean-Paul Sartre
The beautiful part of writing is that you don't have to get it right the first time, unlike, say, a brain surgeon. You can always do it better, find the exact word, the apt phrase, the leaping simile.
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