Lau Goh Stunned by China's Growth!!

[TeeKee]

SM Goh says China could be biggest engine of growth for world economy

SINGAPORE: Senior Minister Goh Chok Tong said he's impressed with China's reaction to the financial storm.

In an interview with China broadcast station CCTV on Friday, Mr Goh said had the country not lowered its interest rate together with the Europeans and Americans, there would have been leakage of funds to the Renminbi.

Also by loosening its monetary policy, China ensured credit flow within the country.

Mr Goh said China could be the biggest engine of growth in the world for the next two to three years, if it continued to grow.

He added: "I remember (Premier) Wen Jiabao saying that China's best contribution is to keep the economy humming, which is correct.

"So if China concentrates on growing the Chinese economy through fiscal policy, as well as monetary policy, that will be a huge contribution to the current problem." - CNA

 

[Einfield]

SM Goh says China could be biggest engine of growth for world economy

SINGAPORE: Senior Minister Goh Chok Tong said he's impressed with China's reaction to the financial storm.

In an interview with China broadcast station CCTV on Friday, Mr Goh said had the country not lowered its interest rate together with the Europeans and Americans, there would have been leakage of funds to the Renminbi.

Also by loosening its monetary policy, China ensured credit flow within the country.

Mr Goh said China could be the biggest engine of growth in the world for the next two to three years, if it continued to grow.

He added: "I remember (Premier) Wen Jiabao saying that China's best contribution is to keep the economy humming, which is correct.

"So if China concentrates on growing the Chinese economy through fiscal policy, as well as monetary policy, that will be a huge contribution to the current problem." - CNA

Don't tell us what we already know woody.

If China is the engine of growth, then US is the jet fuel, without it, the engine is dead.

A china toy factory that manufacture toy for MATTEL close down today, 7000 workers no pay, all shock at the sudden close down. So Much for your "Engine of Growth"

 

[madmansg]

goh ct shoulds like he want to quit singapore and cha bor to china. Same genes as his daughter.

 

[The_Latest_H]

SM Goh says China could be biggest engine of growth for world economy

SINGAPORE: Senior Minister Goh Chok Tong said he's impressed with China's reaction to the financial storm.

In an interview with China broadcast station CCTV on Friday, Mr Goh said had the country not lowered its interest rate together with the Europeans and Americans, there would have been leakage of funds to the Renminbi.

Also by loosening its monetary policy, China ensured credit flow within the country.

Mr Goh said China could be the biggest engine of growth in the world for the next two to three years, if it continued to grow.

He added: "I remember (Premier) Wen Jiabao saying that China's best contribution is to keep the economy humming, which is correct.

"So if China concentrates on growing the Chinese economy through fiscal policy, as well as monetary policy, that will be a huge contribution to the current problem." - CNA

One of GCT's foremost talents is to state the obvious, just like Dan Quayle. Thanks, Mr. Goh.

 

[makapaaa]

Good dog, Wooden! *hee*hee*​

 

[singveld]

what is he talking about?


the news from china now are, lots of toy manufacturing plants closed down

soon milk company closed down

soon car company closed down

the property bubble burst

china lend usa a lot of money which never going to recover

china is going down too

 

[makapaaa]

what is he talking about?


the news from china now are, lots of toy manufacturing plants closed down

soon milk company closed down

soon car company closed down

the property bubble burst

china lend usa a lot of money which never going to recover

china is going down too

Sounds like Wooden is trying to repeat Old Fart's golden era boo boo!

 

[wallace]

We pay $3million to Lau Goh just to say China could be biggest engine of growth for world economy? Duh

 

[wallace]

​

Who is this fark face?

 

[makapaaa]

We pay $3million to Lau Goh just to say China could be biggest engine of growth for world economy? Duh

Wooden: It takes a lot of courage to say this, u know? *hee*hee*

Peasant: As in it takes someone really thick-skinned to collect $3M and only good enuff to talk cock?

Wooden: Ti-lei-see-fart! Guards!

Peasant: *scram*