Dong Tao Quotes


Within the investment data, government-sponsored infrastructure investment projects are in full swing. But the real story is the sharp rebound in the real-estate sector. The rise of property prices in second-tier cities has now evolved into a national event. - Dong Tao



Will the government really hit the brakes? I doubt it. Much of the investment is following government instructions. It's in second- and third-tier cities. This is what the government wants. They've regained solid control over inflation. - Dong Tao



We think that almost all central banks in the region are likely to take a breather from the rate hike cycle around the summer of 2006. - Dong Tao



This is economic revision makes the figure closer (to actual GDP), but still there is underestimation. - Dong Tao