7 Quotes by Li Ruoyu

Monetary policy has to be somewhat accommodative, since a tightening in credit will likely cause liquidity difficulties in businesses that are suffering from overcapacity.

It indicates the central bank still wants to keep its control of money and has no intention to get expansive. It is still emphasizing prudence.

That's simply because people think the appreciation was not big enough and fell short of market expectations.

I know some songs popular on the campus are not good, and I really want to learn vivid, good ones, but so far I fail to find only a few.

I hope more sound, elated songs will be written, so that we can grow up happy and contented in a world of children's lovely songs.

I don't think the jump is mainly caused by the revaluation of RMB. The main reason, I believe, is that commercial banks are tempted to put money in the inter-bank market where potential risks are lower than lending.

The increasing savings show a shrinking domestic demand. That is partly due to the government's efforts to cool down the real estate industry, and people finding a narrower channel for investment.