Ping Chew Quotes

Underlying growth is still okay at around 4%-5%, but what is important is that inflation does fall in the next two to three months. - Ping Chew

This will definitely add to pressure, especially from lawmakers in the U.S. for further appreciation of the yuan. - Ping Chew

This report brings together our latest thinking on the key developments and credit outlooks of the major financial services sectors in Taiwan. This report also addresses the rating implications of the emergence of financial holding company (FHC) groups since late 2001. - Ping Chew

There is always this worry that such a spending plan will widen the budget deficit. If India misses the deficit target again, it could dilute its commitment to fiscal consolidation. Giving dole doesn't resolve poverty. - Ping Chew

There are some political uncertainties and this is unfortunate. If this remains unresolved, it could impact policy and reform efforts. It could induce negative sentiment. - Ping Chew

The ratings reflect Taiwan's strong external position and robust economy in a challenging policy environment in which fiscal flexibility has weakened. - Ping Chew

The ratings on Taiwan could be lowered if further fiscal slippages cause the debt burden to rise markedly. - Ping Chew

The question is not whether the government can consolidate. The question is shouldn't the government consolidate faster? - Ping Chew

The pass-through impact of the global oil prices is just one of the factors from the long-term perspective. - Ping Chew

The government has to decide what their role is. Are they going to be shareholders of the banks or are they going to be regulators? It is quite difficult to be both. - Ping Chew

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