“To meet the 20% reduction in only five years could require pretty tough policies that might hurt growth.”
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“China has been adjusting energy prices for a long time, and indications are that helped improve the energy intensity. There is still a lot of scope for raising energy prices.”
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“Even with the better numbers, the 20% reduction in only five years is still an ambitions target.”
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“We believe Chinas trade surplus will gradually drop, but it will take time before it drops dramatically.”
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“Traditionally, there was a perception that households in China do all the savings. Household saving is significant in China, but it is not driving the national savings.”
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