Quotes by Robert Subbaraman

“There is a lot of inequality in terms of urban workers being a lot richer than rural workers and the coastal regions a lot richer than the western regions, so there is a challenge of trying to find jobs for the people moving to the cities.”

“The details of the revisions also suggest that growth is on a more sustainable footing.”

“The Korean economy could be starting to fire. Now the domestic and foreign sides are going quite strongly.”

“In Japans case, consumer demand has not been that strong for a long time so companies havent had that much pricing power. In China, consumer demand is reasonably strong but there is very aggressive competition.”

“The environment is ripe for capital expenditure recovery. The Korean economic recovery is broadening out.”

“If oil stays at $70 or goes higher I would have to consider whether my growth forecasts are too high.”

“The only real news was that the Korea government is going to inject some money into some of the banks.”

“The Chinese economy is deteriorating in the structural and cyclical sense, and the U.S. is a big risk if it has a hard landing. Remember [the rest of] Asia exports twice as much to the U.S. as it does to Japan.”

“There is always pressure and challenges for an economy as big as Chinas that is changing so rapidly, becoming more market-based and reforming in so many ways.”

“Policy makers need to shift their focus from stimulating growth to guarding against economic excesses and inflation.”