The combined growth and external sector strengths allow Chinese policy makers to better address the country's structural economic challenges, and they have been taking the opportunity to do so.
More Quotes from James McCormack:
Notwithstanding ongoing regional integration with China, growth in Asia remains highly leveraged to external demand, and particularly the US consumer, whom we believe to be overstretched.James McCormack
There are clear improvements in the banking sector, for example, where the legacy of directed lending is slowly giving way to a more market-based allocation of credit supported by the involvement of foreign strategic investors.
James McCormack
Asia's political backdrop has recently become less favorable for growth.
James McCormack
We are still comfortable. In a BB range, we do have some tolerance for political noise.
James McCormack
So if the effective interest rate on Philippines government debt goes up, it just takes more of their revenues to service their debts, so these are issues that really do need to be addressed.
James McCormack
You don't see much opposition to her policy initiatives. I think it's more of a power struggle than a policy struggle.
James McCormack
Readers Who Like This Quotation Also Like:
Based on Topics: Opportunity QuotesIn our society those who are in reality superior in intelligence can be accepted by their fellows only if they pretend they are not.
Marya Mannes
If technology has finally caught up with individual liberty, why would anyone who loves freedom want to rethink that?
Matt Drudge