Electricity doesn't travel very well. And there's no big power consumer among China's immediate neighbors that China can sell to.
More Quotes from 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
The difficulty for the government is how to slow investment and credit without checking overall growth. Over the past two years we have seen the government take measures that have sometimes been ineffective or that have had to be reversed after a brief period.
Tai Hui
This growth rate is above market expectations.
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
Housing continues to be a key component driving inflation this year.
Tai Hui
Readers Who Like This Quotation Also Like:
I've always followed the rule that anything worth doing is worth doing excessively.Robert M. Parker, Jr.
But I remember the moment when my father died. I wasn't a very committed Catholic beforehand, but when that happened it suddenly all felt so obvious: I now believe religion is our attempt to find an explanation, for us to feel more protected.
Javier Bardem
Theater and poetry were what helped people stay alive and want to go on living.
Vanessa Redgrave