"The Americans like to borrow and spend, but the Chinese prefer saving to spending. It seems we both have our own problems"
- Premier Wen Jiabao during his visit to the United Nations in September (2008). alluding to China's slow pace of liberalisation, but which has shielded it largely from the global financial crisis.
(Source: The Edge Singapore - 13 October 2008)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment