A Quote by Guo Guangchang
We have in-depth knowledge about Chinese industries. We know what's driving the country's economic growth.
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Economic growth is the key. Economic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal.
I would be remiss, as a scientist who studied this, if I didn't mention the following two things: The first is that, most importantly, we need to do, as a society, in this country and globally, whatever we can to reduce population"....."Our whole economic system is based on growth, and growth of our population, and this economic madness has to end.
What Asia's postwar economic miracle demonstrates is that
capitalism is a path toward economic development that is potentially
available to all countries. No underdeveloped country in the
Third World is disadvantaged simply because it began the growth
process later than Europe, nor are the established industrial powers
capable of blocking the development of a latecomer, provided
that country plays by the rules of economic liberalism.
The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
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.
I think the Chinese are wise. After all, they know the U.S. is in a very different league than Russia. The U.S. is the major power in the world, and the US-China relationship... is very important to global stability, to sustain global economic growth.
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.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.
I would argue that Asean has been instrumental in driving both economic growth and political development, and that there can be no clearer example than its relations with Myanmar.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.
Many Karate teachers teach a watered down style - no hip action and no depth of punching - so it is easy to say that these teachers have no depth to their knowledge. You are what your teacher is, and if he knows a lot, you should be able to demonstrate this knowledge.
The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
If the Chinese will not learn the true principles of government, all else will be useless. Knowledge is power, and although a country may be weak, still, if it possess but a modicum of knowledge, the enemy will not be able to completely overthrow it; although that country may be in danger, the race will not be extirpated.
If there's any country that has the capacity not to control North Korea, but to influence North Korea, it's still China. The Chinese always say they have very little influence. They have more than they say they do. We should put pressure on them to do it and there's finally, we're seeing the first signs of a little bit of Chinese disaffection. At some point they're getting tired of the antics of this country. This is a dangerous ally for China to have. And the more Chinese can pressure them and put the economic screws on them, the better it will be for everybody.
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