Phrase by 'Lou Jiwei'

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There are three main pillars of China's economy. One is export, which is limited by sluggish global demand. The second is investment. In many sectors, there is already too much investment and overcapacity. The third is consumption.

Author: Lou Jiwei - Chinese Politician
  Three , Too Much , China , Investment


In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities.

Author: Lou Jiwei - Chinese Politician
  Political , Going , Relationships , Europe


Everyone knows the U.S. economy shouldn't be so reliant on consumption. More investments should be made.

Author: Lou Jiwei - Chinese Politician
  More , Everyone , Made , Economy


There is a lot of risk in the tech sector.

Author: Lou Jiwei - Chinese Politician
  Risk , Lot , Tech , Sector


Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral.

Author: Lou Jiwei - Chinese Politician
  Growth , Investment , Economic Growth


I need to make money. If I don't, I cannot survive.

Author: Lou Jiwei - Chinese Politician
  Need , Money , Cannot , Survive


Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.

Author: Lou Jiwei - Chinese Politician
  Work , Alone , Strong , Growth


Austerity policy without currency devaluation can only hamper economic growth.

Author: Lou Jiwei - Chinese Politician
  Only , Without , Growth , Economic Growth


The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules.

Author: Lou Jiwei - Chinese Politician
  Better , Political , Rules , Embrace


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