Zhang Juwei of CASS believes the overall fertility rate is no higher than 1.6.

社科院的张居伟(音译)认为总体上生育率不会超过1.6。

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Last spring, Zhang Bin, a senior researcher at the Chinese Academy of Social Science, proposed a one-time appreciation, followed by a return to a pegged exchange rate.

去年春季，中国社会科学院高级研究员张斌提出了一次性升值、然后回到与一篮子货币挂钩的汇率建议。

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"If you increase the temperature by 10 degrees, most times you can increase the reaction rate twofold," Zhang says.

Zhang教授指出：通常地，如果你将温度升高10度，那么反应的速度将随之翻倍。

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"It will probably take more than one interest-rate cut to put the economy on an upward trajectory, " said Howhow Zhang, head of research at Shanghai consulting firm Z-Ben Advisors.

WSJ: China Rate Cut Spooks Asia Markets