09年12月的报告。73页。
A Goldilocks Scenario in 2010 ---4

Railways VS US Bonds: Putting China's Over-investment in Context ---11

China's Underconsumption Over-stated---16

The Virtues of Over-savings: A Post Crisis Reflection on Chinese Economy---21

Worried About Inflation? Get Money Right First---25

Inflation Outlook in 2010: A Supply Side Perspective---30

A Dialog on RMB--36

Policy Priority Shifts Towards Boosting Private Demand---42

Five Potential Surprises for 2010---44

Hong Kong： A Fragile Recovery in 3Q 2009 ---47

Taiwan： More Domestic Growth--52

作价18，绝对物超所值。