6 Lou Jiwei Quotes for You to Enjoy

Lou Jiwei

Chinese Politician

Born: Dec 1, 1950

Austerity Cannot Consumption Economic Economic Growth Political

Related authors: Carrie Lam Li Keqiang Li Yuanchao Lin Biao Lu Wei Wu Yi Zhang Zhidong

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. Lou Jiwei

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. Lou Jiwei

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

Made Everyone More Consumption Investments Economy Knows Should

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

Money Make Survive Cannot Need

Austerity policy without currency devaluation can only hamper economic growth. Lou Jiwei

Only Economic Economic Growth Policy Without Hamper Austerity Currency 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. Lou Jiwei

Better Political Strike Rules Members Must Embrace Structure Troubled Develop Countries Alternative Governance Exit Effective Closer Either Capable Enforcing Should Euro Union Mechanism Zone

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