(China) hasn't created a very good environment for mergers and acquisitions.
More Quotes from Wu Xiaoling:
They should understand that China is doing its best. China's economic restructuring needs a process.Wu Xiaoling
Excessive trade surplus must be corrected through a restructuring of the economy.
Wu Xiaoling
Only by making financing more accessible to people and lowering the barriers to carrying out legal financing activities can we address illegal activities at their root.
Wu Xiaoling
Real estate financing is making up a bigger and bigger share of the country's financial sector . The health of real estate financing is of critical importance to the health of the financial sector. We must pay close attention to developments in both the real estate industry and home financing sectors.
Wu Xiaoling
After the end of 2006, when China fully opens its yuan business to foreign investors, this (investment) limit will only be meaningful for tax collection purposes.
Wu Xiaoling
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