Frank Gong
Frank Gong
drastic expect higher
I don't expect them to take any drastic action. They are comfortable with higher growth.
market premium risk wants
At the moment, everything is uncertain, and the market wants to put a risk premium on everything.
commodity continue current definitely federal inevitable interests oil period price raise relatively reserve situation taking tendency undergoing
US Federal Reserve will definitely raise the interests rates, however, current oil price is undergoing a relatively long period of climbing. By taking that kind of situation into consideration, it is an inevitable tendency the price of oil and commodity will continue to rise.
afford allow china currency demand domestic increase less outside political pressure rely stronger
This will increase the political pressure from outside for China to allow the currency to appreciate. Domestic demand is much stronger than expected. They can afford to rely less on exports.
bad early judge matter moment worse
It's possible, I think at the moment everything is possible. It's too early to judge the impact. It just makes the matter even worse at an already bad time.
beijing bush days question
There is no question that Beijing would want to do more, ... Do they want to do something 'big' just two days before Bush arrives in Beijing?
building financial moving necessary terms
I think they've been doing very well. They've been moving aggressively in terms of building up the necessary financial infrastructure.
hurdle political talk
They have to come over the political hurdle first before they can talk about anything else,
cheap
Cheap labor, that's the only one. They don't have anything else.