A Quote by David Ignatius
Chinese experts noted that the U.S. economy has rebounded from the 2008 crash more strongly than some analysts here had expected, while China's own growth is slowing after several decades of rocket-ship acceleration.
Related Quotes
The challenge to our national economies and the collective economy of Europe will become - with the growth of China and the continuing productivity growth of the US - even more intense in the decades to come.
If we look at everybody's darling, China, there is an analogue called Taiwan that is inhabited by the Chinese as well. But the standard of living and of innovation of the Taiwanese economy cannot be compared with the Chinese growth rate.
Rising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.
The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the government is having a hard time stimulating it again.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
I've read hundreds of books about China over the decades. I know the Chinese. I've made a lot of money with the Chinese. I understand the Chinese mind.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
I do not know of a Chinese blogger who has gone to jail, but I know several who have had their blogs shut down. I also know some Chinese bloggers who have received threatening phone calls from police warning them to 'be careful.' In some cases, they stopped blogging for a while.
In my own art, I try to use my personal voice and effort to enable some Chinese people to see the possibilities of another kind of China. A more open China.
Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.
More than four decades after Nixon met Mao, the relationship between the U.S. and China has reached a pivotal moment. To date, even as China has become more powerful and present in our lives, Americans have generally found it to be an unsatisfying 'enemy.'
Analysts estimate that emerging markets are expected to drive 90 percent of the world's pharmaceutical market growth, and differentiated products will be important to this growth.
2008 was to the American economy what 9/11 was to national security. Yet while 9/11 prompted the U.S. government to tear up half the Constitution in the name of public safety, after 2008, authorities went in the other direction.
In 1986, the space shuttle Challenger exploded and crashed down to Earth less than two minutes after takeoff. The cause of that crash, it turned out, was an inexpensive rubber O-ring in the booster rocket that had frozen on the launchpad the night before and failed catastrophically moments after takeoff.
Over the longer term, China will grow by about 6% or 7% per year. The Chinese authorities usually react pretty quickly to unfolding economic events, and you've seen them recently change a whole bunch of policies to be more conducive to growth. They have the power and capability to macromanage the economy - to accomplish their growth objectives - which means they're pretty much going to come close to what they say is going to happen.
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