Bridge to Wild Wild Web – Committee of 100
Submitted by Bill Belew on Saturday, 22 April 2006No Comment
There was a panel discussion today at the annual conference for the Committee of 100.
The moderator was Jerry Yang of Yahoo. On the panel were
1. Mr. Hurst Lin, General Partner Doll Capital Management,
2. Mr. Jack Ma, Founder and CEO, Alibaba Corporation,
3. Mr. Hugo Shong, Executive VP of International Data Group,
and
4. Dr. Edward Tan, CEO or China Netcom Corporation.
The discussion turned to whether or not China’s economic expansion has peaked out or still has room to grow. Yang asked a multiple question of the four.
Is China’s economic growth in the spring, summer, fall or winter season?
Three of them had the same answer Spring. One said – early Sping.
According to these experts there is still a LOT of growth left in China?
What do you think?
It may be spring time in the China economy but somebody is feeling the heat. The People’s Bank of China raised the minimum rate banks charge on one-year loans to 5.85%. It is the first increase in interest rates in nearly…
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