Last quote by Larry Hu
(Policymakers) have faced a hard trade-off. On the one hand, they need short-term growth stability to focus on political power consolidation. On the other hand, they also need long-term growth sustainability.
Mar 06 2017
Larry Hu has been quoted 4 times. The two most recent articles where Larry Hu has been quoted are Hong Kong, China shares slightly firmer as resource sector supports and China stocks rise on better-than-expected fixed-asset growth; Hong Kong falls. Most recently, Larry Hu was quoted as having said, “Given the rising inflation and stable growth, the focus of monetary policy is unlikely to move away from containing financial risk for now.”.
Quotes by Larry Hu
Jan 23 2017
Given the rising inflation and stable growth, the focus of monetary policy is unlikely to move away from containing financial risk for now.
Nov 14 2016
This kind of mild depreciation could not help much on exports, but would certainly force capital controls to escalate and the RMB internationalization to reverse.
Nov 14 2016
If protectionism does escalate globally, China might retaliate by allowing for bigger RMB depreciation. It would be a trade war and hurt everyone.
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