“About 75% of the price of gas is really dictated by crude oil. At the heart of the issue is increasing demand over a period of many years around the world. World crude oil consumption now is close to 90 million barrels a day. Most of the growth in demand is coming from China and the developing world.” WorldYearsHeartGrowthMillionsIssuesPeriodsDemandChinaOilAround The WorldDevelopingGasConsumptionCrudeBarrelsCrude OilOil Consumption Author:John S. Watson
“I always was fascinated with China, because I was born in Europe, and for us, China had this fascination and mystery. The first time I came here was in 1989. They were on bicycles, and the speed of the growth has been incredible.” FirstsHas BeensGrowthBornMysteryFirst TimeEuropeIncrediblesChinaSpeedFascinatedFascinationBicycle Author:Diane von Furstenberg
“I'm convinced after spending three weeks in China and Tibet, unless the United States gets its act together, our grandchildren will be living in a world dominated by the People's Republic. China is simply inexorable in its pursuit of wealth, growth and power. It cares little about human rights, democracy, labor protections, fair trade rules or the environment. It is relentless in advancing its national interests.” PeopleWorldHumansLittlesStatesCareTogetherThreeGrowthInterestWealthUnitedUnited StatesDemocracyEnvironmentRightsWeekFairsLaborTradeHuman RightsChinaProtectionSpendingConvincedPursuitRepublicGrandchildrenRelentlessAdvancingInexorableTibetNational InterestsFair TradePursuit Of Wealth Author:Mort Kondracke
“We are firmly convinced that private capital, Chinese as well as foreign, must be given liberal opportunities for broad development in postwar China; for China needs industrial growth.” NeedsWellsOpportunityGivenGrowthDevelopmentChinaConvincedChineseBroads Author:Mao Zedong
“Fortunately poorer countries, such as China, are showing leadership and beginning to demonstrate to the world how to invest in low-carbon growth.” WorldCountryGrowthLowsClimate ChangeChinaCarbon Author:Nicholas Stern
“I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.” UsePoliticalGrowthInterestMaterialsDevelopmentIntegrityCreatingIncreaseIndependentInstrumentsProsperityChinaIntenseWelfarePreservationPromotionEmbarrassmentPolitical PowerTerritorialPersonal InterestEntanglement Author:William Howard Taft
“You don't actually find a strong correlation between- top-line GDP growth and making money in the market. It- it seems like you should. The fastest-growing countries should give you the highest return. They simply don't. But, there's only four of us- that- that believe that story. Everyone else in the world believes that if you grow fast like China, you'll outperform in the stock market.” IfsWorldGivingShouldBelieveCountryStoriesSeemsStrongGrowsGrowthLinesFourGrowingLike YouReturnHighestChinaMaking MoneyCorrelationGdp Author:Jeremy Grantham
“[When] the market is trying to get to terms with, first, lower global growth, particularly out of emerging markets and China. And, second, the market is worried the central banks have run out of ammunition. So put these two things together, and then investors are repricing the market lower.” TryingFirstsTwoRunningTogetherGrowthTermChinaWorriedTwo ThingsInvestorsEmergingCentral BanksAmmunitionEmerging Markets Author:Mohamed El-Erian
“If China don't free up the political side, its economic growth will come to an end - while it is still at a very low level.” IfsStillsEndsPoliticalSidesGrowthLevelsEconomicLowsChinaEconomic GrowthLow Level Author:Milton Friedman
“We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.” PeopleKnowsWorldGivingYearsEnjoyGrowthChanceEconomyStandardsPercentRateTrackChinaDeterminedStandards Of LivingHigh Standards Author:John Olver
“Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place” FirstsEnergyGrowthTechnologyTakenRevolutionLowsRateChinaOilDevelopingUsaGasConsumptionNew TechnologyOil PriceEnergy Consumption Author:Kenneth Rogoff
“China is certainly an important player in the global economy, and a widespread AIDS epidemic would threaten that growth.” ImportantGrowthEconomyPlayerChinaAidsEpidemicsGlobal EconomyAids Epidemic Author:Bill Gates
“In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy.” SaidCountryWould BeGrowthEconomyDangerousPercentRateChinaSupposed To BeCatastropheGlobal Economy Author:Wolfgang Schauble
“Isolation means a lack of growth. I grew up in China at a time when the country was completely isolated. That era is over.” MeanCountryGrowthGrewGrew UpChinaErasIsolationIsolated Author:Zhang Xin
“People have put a lot of faith in the government's ability to get growth going in China. People have this, what I think, illusion that there are six people in China who really have their hand on every button. And what we're learning is, it's a very big economy and they're not that good at it.” PeopleThinkingHandsBigsGovernmentGrowthAbilityEconomySixIllusionChinaButtons Author:David Wessel
“Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.” WorldHas BeensGrowthEconomyGrowingConcernedRemainsRateChinaInvestorsSlowingGrowing Economy Author:Mark Mobius
“China is very important. The future growth of China, China's influence is bound to rise.” ImportantGrowthInfluenceBoundsChinaFuture Growth Author:Manmohan Singh
“Over the longer term, China will grow by about 6% or 7% per year. The Chinese authorities usually react pretty quickly to unfolding economic events, and you've seen them recently change a whole bunch of policies to be more conducive to growth. They have the power and capability to macromanage the economy - to accomplish their growth objectives - which means they're pretty much going to come close to what they say is going to happen.” YearsMeanWholeHappensGrowsGrowthTermEconomyEconomicEventsPolicyAuthorityChinaAccomplishBunchObjectivesChineseCapabilityUnfolding Author:Jamie Dimon
“If we look at everybody's darling, China, there is an analogue called Taiwan that is inhabited by the Chinese as well. But the standard of living and of innovation of the Taiwanese economy cannot be compared with the Chinese growth rate.” IfsWellsLooksGrowthEconomyStandardsInnovationRateChinaChineseDarlingStandards Of LivingTaiwanAnalogue Author:Garry Kasparov
“We've got to make sure that we rebuild the infrastructure in America, because we used to be - have the best bridges, the best roads, the best airports. And now, when you go to China or you go to Europe, you see that they are outstripping us in terms of infrastructure. And if we put people back to work, that would be good not only in the short term, but it would also lay the foundation, the framework for long-term economic and job growth.” PeopleIfsLongWould BeJobsAmericaUsedGrowthTermEconomicEuropeFoundationLaysChinaBe GoodUsed To BeBridgesLong TermAirportsInfrastructureFrameworkShort TermBack To WorkJob Growth Author:Barack Obama