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Out of the corner of your ear, how people, which I respect, China's economy is discussed on TV. Agree, what incentive 2012 won't be as big, as an incentive 2008. Attention: because, that the PBoC was so hard on the inflationary implications of the stimulus 2008, what no one wants a repeat of the torment.

I have a question. How can you even compare a cyclical downturn multiplied by a financial shock? (exactly a shock, everyone remembers 2008?) with a change in growth rates within the cycle against the background of the absence of major problems with the global economy. That's how? Why on earth does China need anything comparable to an incentive? 2008?

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