I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking. -Hong Liang

 

I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking.


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This quote is just one of 9 total Hong Liang quotes in our collection. Hong Liang is known for saying 'I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking.' as well as some of the following quotes.

Since China moved on the currency last July, the economy has been charging along. China should feel comfortable and confident in driving through reforms. There has been no economic or financial turbulence.

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January trade numbers appeared stronger than expected, in line with global growth momentum.

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We expect financial conditions to tighten in the second quarter. -Hong Liang
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We believe domestic demand will increasingly become a much more important driver for growth...in the coming years.

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I think we've passed an inflection point. We're seeing an end to the golden period of extremely low-cost labor in China. There are plenty of workers, but the supply of uneducated workers is shrinking.

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Last year, food price inflation was 38 percent and this year it's only 1.6 percent, so that's the one variable that has given the government a lot of room to liberalize prices. -Hong Liang
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We now have a new snapshot of the Chinese economy. This is not slightly bigger, it's a significantly bigger economy.

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