“Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence.” IfsNeedsGovernmentStepsEconomyDoorsPolicyIncreaseCome UpCommittedCertaintyUncertaintyInvestorsConcreteExecutionHeadings Author:Zhang Xin
“China reformed its state sector before, in the late 1990s. Tens of millions were laid off at the time. That was scary and we had warnings of social unrest. But it did not happen. Instead, there was a restructuring in our economic system. I am not sure if China will follow a Western playbook in this respect.” IfsStatesHappensSocialMillionsEconomicLateWesternScaryChinaNot SureWarningEconomic SystemsUnrestRestructuringPlaybooksLaid OffSocial Unrest Author:Zhang Xin
“It is worthwhile to engage in something that is close to one's heart. I had a scholarship. So if I donate money to give brilliant Chinese students an opportunity to study abroad, then this embodies everything I believe in: education, globalization, social mobility. I am an example of social mobility.” IfsGivingBelieveHeartOpportunityI BelieveSocialStudyExampleStudentsI Believe InBrilliantChineseWorthwhileGlobalizationScholarshipMobilityDonateStudy AbroadSocial Mobility Author:Zhang Xin