If the allocation of resources is not done properly, the market cannot function efficiently and it will ultimately hurt growth.

We need a fresh new approach that will encourage Internet providers to expand and improve broadband networks, spur growth in the technology sector and develop cutting-edge services for consumers,

The economic leg is much longer than the social leg in China. That's why the big new motto of the government is 'harmonious society'.

When you open up the borders, pump in billions from outside and lift international sanctions, it's going to generate growth.

These numbers are still in line with our projections which already had growth beginning to slow in the second half of 2006.

Although it is true that slower growth in China would hurt other economies in the region, our view is that the impact would be modest.