Detailed text transcripts for TV channel - CNN - 20110120:09:38:00
Open is no big deal. what's really wrong is not china's inflation, the market mentality and the china decisionmakers' mentality need to be adjusted. china's inflation no longer 1%, 2%. it's getting back to 4%, 5%. that's the normal level for china over the next decade. >> always good to talk to you. thanks for coming in. chief economist at credit suisse for asia based in hong kong. max? many feel china's support of domestic companies makes it difficult for them to get significant contracts there. that's why the announcement that beijing has approved $45 billion in new export contracts for u....
Source: news source