China
Foreigners moniter economic policies
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Source: CCTV.com | 03-05-2009 09:02
Special Report: 2009 NPC & CPPCC SessionsClick for more news in News Hour>>
Multi-national companies are keeping a close eye on China's NPC and CPPCC sessions. Foreign investors are paying close attention too, with the government posed to tackle the downturn by implementing policies to stimulate China's economy.
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| Richard Hausmann said, "If you are not sure about your own future, you don't invest money which you have into consumption. You have to save something for situations when you need it. Therefore a social security system could be an interesting investment at the moment. It would make the country strong in the long run." |
The CEO of Siemens China, Richard Hausmann, has been reading newspaper reports about the meeting. He shared his thoughts.
Richard Hausmann said, "If you are not sure about your own future, you don't invest money which you have into consumption. You have to save something for situations when you need it. Therefore a social security system could be an interesting investment at the moment. It would make the country strong in the long run."
