How Chinese exports perform is largely driven by external demand rather than the exchange rate,
More Quotes from Qu Hongbin:
Given the evidence of deteriorating investment efficiency, China needs to rebalance its growth by shifting away from investment toward consumption.Qu Hongbin
We need to read this with caution, this is largely a reflection of the Chinese New Year distortion, therefore we should not see it as a pick up in inflation.
Qu Hongbin
We expect growth in fixed investment to slow from 27 percent last year to 15 percent in 2004 and around 10 percent in 2005,
Qu Hongbin
It's a challenging task but that shouldn't be an excuse for China not starting on it right now.
Qu Hongbin
The government has to spend more on education, healthcare and pensions to take the burden off individuals and give them more confidence to spend.
Qu Hongbin
This slowdown, together with new capacity, is likely to have a material impact on global demand for commodities over the next two years,
Qu Hongbin
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