Quotes of the Day

“The economy is destined for serious overheating.” -He Fan and Yao Zhizhong, of the government-affiliated Chinese Academy of Social Sciences, warning what could happen without tighter economic controls
Thursday, Apr. 15, 2010

Open quoteThe economy is a little bit too hot.Close quote

  • BEN SIMPFENDORFER,
  • an economist at the Royal Bank of Scotland in Hong Kong, speculating that China's economy is at risk of overheating after growing by 11.9% year-on-year during the first three months of 2010
Photo: Peter Dazeley / Getty | Source: Telegraph