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Letter "A" » Andy Xie Quotes
«This is an extremely positive step. It's going to significantly boost trading volumes and liquidity, and it will encourage investors to arbitrage in the markets, which will lead to much greater efficiency.»
«Either you have a big adjustment like a 20 percent or 30 percent decline, or you have a big recession or you have a slow decline in property prices or several years of no growth.»
«India and Korea, in particular, should raise interest rates to contain financial speculation.»
«What we need to see are concrete measures aimed at getting the bureaucracy to pursue this objective, otherwise all this will be just more rhetoric.»
«It's the same old story. There is not much of a difference from last year.»
«I think that the soft or hard landing debate is misleading. Financial markets usually have hard landings regardless of how an economy lands.»
«In particular, if another Bush government moves on to Iran, then oil prices would go very high and really threaten China's economic development.»
«Then there would be competition for capital. Investors couldn't rely on companies for short-term gains.»
«About two-thirds of the country's earnings are obtained from government investment and exports, which won't reach the common people.»
«I experienced the effect firsthand on my return flight from London to Hong Kong last weekend, ... There were three passengers in my cabin -- a 10 percent occupancy rate at best. Hong Kong's restaurants are mostly empty. It is difficult to enjoy a meal with masked waiters tiptoeing around in silence. If you want to frighten people in Hong Kong, just sneeze.»