Louis Kuijs
Louis Kuijs
five hurt meet might policies reduction require tough
To meet the 20% reduction in only five years could require pretty tough policies that might hurt growth.
five reduction
Even with the better numbers, the 20% reduction in only five years is still an ambitions target.
adjusting china energy helped improve prices raising scope
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.
china driving household households national perception saving
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.
believe drops gradually surplus time trade
We believe China's trade surplus will gradually drop, but it will take time before it drops dramatically.