14 Quotes by Masahiro Kawai

Asian governments, central banks and the private sector will have to focus more on bond market development and really strengthen market infrastructure.

There's been significant progress, but that progress is not quite enough.

Allowing a little more currency appreciation can be quite desirable for the sake of the Chinese economy and the region as a whole. The Chinese economy is quite resilient. At the same time, foreign exchange reserves are rising fast.

The individual exchange rates won't be supported officially...but if this index is relatively stable vis-a-vis external currencies then it's quite useful.

The market is still growing. But the growth rate in 2005 moderated a little bit from the previous year's growth.