Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.
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This quote is just one of 9 total Ben Simpfendorfer quotes in our collection. Ben Simpfendorfer is known for saying 'Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.' as well as some of the following quotes.
Portfolio flows are very important for the Taiwan dollar. This support seems to have been removed and the Taiwan dollar is weakening.
Momentum has been consolidated at quite a high level with strength coming mainly from mainland Chinese demand. This should be sustained through the first quarter of next year.
The narrowing trade surplus reflects some weakness in electronics exports and rising commodity imports but it's unlikely to be enough to relieve pressure from the U.S. in the short term.
This quote is just one of 9 total Ben Simpfendorfer quotes in our collection. Ben Simpfendorfer is known for saying 'Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.' as well as some of the following quotes.