“I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the government is having a hard time stimulating it again.” PeopleThinkingHardGovernmentMightEconomyOne ThingChineseHard TimesSlowingHaving A Hard Time Author:David Wessel
“There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their economy so it wouldn't have ripple effects around the world. I think that confidence is being shaken by how difficult it is for them to manage their stock market and their currency.” PeopleThinkingWorldFactsDifficultEconomyEffectsManageAround The WorldChineseCurrencyRippleRipple Effect Author:David Wessel
“I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?” IfsThinkingWantMayCountryEconomyPolicyDependsScaredSpendingChineseConsumersSymptoms Author:David Wessel
“I think the Chinese are really amateurs when it comes to running markets.” ThinkingRunningChinese Author:David Wessel
“Chinese don't really believe in markets. They like stability, they like control.” BelieveChineseStability Author:David Wessel
