Neither is experiencing runaway growth but, without higher interest rates, both will soon face inflationary pressures.
But without the ability to compete on interest rates, says Mr Sheng, China will anyway find it hard to attract foreign investment in banking.
Two doors down is the North Bridge Inn, similar in style to the Colonial Inn and with large suites, but without the same historic pedigree and with cheaper rates.
But without a deal, U.S. interest rates will rise an outcome that would further suppress economic growth.
Despite the "practical barriers" to income tax devolution, Mr Jones will say there may be scope for a system where part of the Welsh government's resources come from Welsh income tax receipts, but without the devolution of powers to vary income tax rates.
But since interest rates cannot be sustained at current levels without adding unbearably to the budget through extra debt-servicing costs, the only hope of restoring market confidence after the election will be a far more drastic fiscal squeeze.
But inflation won't come without a similar rise in interest rates and yields, which means that bond prices, which move in the opposite direction, should eventually fall.
But our government is in no condition to afford those higher rates without gutting the rest of the budget.
And because of high rates of attrition (casualties and retirement, but mainly protracted absence without leave), just maintaining those numbers requires constant effort.
But the Philippines in particular faces a difficult few months trying to control the inflation that might follow devaluation without raising interest rates so high that they choke off growth.
But there is no deal to be had on the spending side without an acknowledgement and an acceptance by Republican leaders that rates have to go up on top earners as part of a balanced approach.
With the inflation dragon now all but slain, the Chinese government has room to cut interest rates or ease other curbs to stimulate economic growth, without being concerned that it will ignite a new price spiral in the process.
应用推荐