Quotes by Dong Tao

“We think that almost all central banks in the region are likely to take a breather from the rate hike cycle around the summer of 2006.”

“This is a day for celebration. But tomorrow when Hong Kong wakes up, it will still face structural challenges.”

“Will the government really hit the brakes? I doubt it. Much of the investment is following government instructions. Its in second- and third-tier cities. This is what the government wants. Theyve regained solid control over inflation.”

“I dont think the world can tolerate such a massive surplus.”

“These are unprecedented surplus volumes, reflecting the structural changes of China becoming the factory of the world.”

“This is economic revision makes the figure closer (to actual GDP), but still there is underestimation.”

“This highlights a re-accelerating economy led by consumption and investment.”

“The biggest beneficiary of all this is the United States. Look, a Barbie doll costs $20 but China only gets about 35 cents of that.”

“The month-on-month numbers are just totally useless unless the seasonal factor has been applied.”

“I do not believe that 0.9 percent is sustainable, especially given the price liberalization in areas such as gasoline and utilities.”