“This regulation will better reflect the de facto demand and supply in the foreign exchange market.”
“Without major change in our financial systems our country is headed towards being a lower middle class wasteland with pockets of great wealth secured by metal gates, fences and armed guards.”
“I can tell you that 95 per cent of the commodities in China are regulated by the market forces without any intervention by the government.”
“If you are regulating on a basis of toxicity, from what we've seen, there is no basis for further regulation, ... But they are not regulating based on that.”
“Foreign companies will have to observe Chinese laws and regulations if they want to do business in China.”
“Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating.”
“I actually think regulation is bad. An unregulated market creates competition at its highest levels, which means innovation, which is a good thing for the players,”
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