Carl Zha

3 Comments

    • Bloomberg Reports China's Retreat from the Inflation Battle [view article]
      I hope the above person is being sarcastic. Combating inflation by printing more money (where do you think the extra money to pay salary boost will come from?) is about the stupidest idea I 've ever heard. But coming from Indian government, I am not so surprised. Jun 04 11:19 AM
    • China: Caught in a Monetary Trap [view article]
      Michael Pettis,

      People's Bank of China had been using "sterilized intervention" to prevent excess liquidity and offset the rise in money supply resulting from intervention. Why do you think this policy hadn't worked?
      Mar 26 05:38 PM
    • China's New Middle Class Is Very Real [view article]
      J.D

      What is your source that indicate the apt pictured above is in top 5% or fewer? I was last in China in 2001 equivalent to eons ago in current China years. I would say the apt pictured above is typical "middle class" in an 2nd tier city (I visited Chengdu and Chongqing) even back then. My relatives lived in apt like those, let me tell you they are definitely not in the top 5%.

      Although huangjin has a point about whether Hangzhou is 2nd tier city, In fact, I am not sure Chengdu and Chongqing shoud be consider 2nd tier any more.
      Oct 12 06:39 PM
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