Each alternative can damage the interest of creditor nations. The more you buy, the more you will lose.

-On US Treasuries in the Beijing Review

The impact is gradually unfolding. At this stage, the most important impact is on the export side, which is slowing down. We are learning. We were not well prepared for this global shock. Until recently, we thought the US financial crisis was bottoming out, passing the worst stage. Actually, it is not. Now we’re very vigilant.

-From The National

Sustained economic growth cannot rely on real estate

-From The Sydney Morning Herald, November First

The current economic slowdown is only normal in its long-term development track.

-From an Editorial in China Business Daily, October 29th, on the slowdown in China

-Yu Yongding, a monetary policy analyst, who formerly advised China’s central bank