A Quote by Gary Becker

A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere. — © Gary Becker
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
For the states that take the lead on reform - asset recycling, deregulation, service innovation - the Federal Government could step back, and allow greater flexibility in how we deliver our responsibilities.
The Chinese government does not like people betting against the yuan.
Our responsibility is to rally and lead the whole party and the Chinese people of all ethnic groups, take up this historic baton and continue working hard for the great renewal of the Chinese nation, so that we will stand rock firm in the family of nations and make fresh and greater contribution to mankind.
China got the local currency, the yuan which is appreciating against the dollar which means that all these Chinese people have more purchasing power. And they're willing now to spend some money after saving, you know they provided America with savings for years. Now they're going to spend some money. So this means that they are willing to allow the dollar to weaken because it means that their currency, the yuan goes up, so they're actually in a winning situation.
What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.
I think the Chinese clubs put up a lot of money for the players who go to China, to make the Chinese league stronger.
People with yuan fen are destined to like one another; Friendship develops even if a thousand miles apart. But should yuan fen be absent between two individuals, They will remain strangers despite sitting face-to-face
In movies and television shows, there has never been a really good Chinese lead. So often the Chinese look like they are very scared and shy.
Communism seemed to be an ideal experiment in trying to achieve a state where all persons have greater democracy. I might add, like other persons here and elsewhere, I found myself concerned with the problem of increasing need for greater economic and political democracy for greater numbers of people.
China could easily emerge as the great winner if the Chinese leaders handle the situation well. On the other hand, they could also turn out to be the biggest losers if they handle it poorly. If the management turns out be wrong, this could lead to a political crisis in China.
In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.
Learn to say no in situations where saying no can be difficult, where it could mean getting fired. Say no anyway, because it could lead you to greater opportunities.
I would not be a Moses to lead you into the Promised Land, because if I could lead you into it, someone else could lead you out of it.
Economically, we are, to some significant degree, interdependent with Chinese well-being. That is a great asset.
The Chinese have a habit of reading. Many families regard books as the most valuable family asset.
We have never seen a sport as a business, and we have this great passion for football. QPR are not a trophy asset. If we had wanted a trophy asset, there were more glamorous clubs we could have bought.
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