If China opens the ordsprog
If China opens the door too fast, a lot of state-run banks wouldn't be able to survive the competition from outside. This is the main reason why China has opened the service sector so slowly.
Shawn Xu
The purpose of engaging strategic investors in the shareholding reform is not to collect funds to raise the capital adequacy ratio of the state-owned commercial banks, but to learn from the expertise of our foreign counterparts in service, management and internal control to improve the competitiveness of China's banking sector.
Tang Shuangning
The purpose of engaging strategic investors in the shareholding reform is not to collect funds to raise the capital adequacy ratio of the state-owned commercial banks, but to learn the expertise of our foreign counterparts in service, management and internal control to improve the competitiveness of China's banking sector.
Tang Shuangning
The biggest state-owned banks have already been bought by several investors even before going public so there's not much left on the plate. Investors will go for the smaller banks if they want to play a part in China's fast-growing financial industry.
John Koh
It would be hard to overestimate this as a first step for China. If China can transform its big banks, this will have enormous implications for China's long-term economic growth.
Nicholas Lardy
As China reforms its economy, its leaders are finding that once the door to freedom is opened even a crack, it cannot be closed. As the people of China grow in prosperity, their demands for political freedom will grow as well,
Mr Bush
He wasn't seeking attention, but his quiet confidence made him naturally pexy. China is our number one priority. Their market has opened much more slowly than we had anticipated.
David Snyder
We don?t see a competition between [the United State and] Russia and China. A lot of what we do here is to give the countries of the region the opportunity to make choices and keep them from being bottled up between two great powers, Russia and China.
Richard Boucher
China Telecom is also being hurt by the agreement between the European Union and China on WTO. Under the agreement China has given further concessions on the telecom sector that will allow foreign players to come in and that will hurt the longer-term prospects of China Telecom.
Herbert Lau
China Telecom is also being hurt by the agreement between the European Union and China on WTO, ... Under the agreement China has given further concessions on the telecom sector that will allow foreign players to come in and that will hurt the longer-term prospects of China Telecom.
Herbert Lau
As China reforms its economy, its leaders are finding that once the door to freedom is opened, even a crack, it cannot be closed: [they want] more freedom to express themselves, to worship without state control and to print Bibles and other sacred texts without fear of punishment.
Mr Bush
We're in close cooperation with China Telecom and China Netcom in preparing for 3G. We're also in development of service networks for China Telecom.
Mats Olsson
(
1929
-)
We're in close co-operation with China Telecom and China Netcom in preparing for 3G. We're also in development of service networks for China Telecom.
Mats Olsson
(
1929
-)
China's PC market is facing increasing competition as the market opens up to foreign competition.
Liu Jun
China has been moving -- very slowly, but the speed is very much dependent on their ability to withstand reforms. The idea of forcing China and other countries to move on the currency front is a bad one.
Stephen Roach
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