Epstein Secrets

uPPIT \ , . Non-food CPI i Exports Retail sales Passenger car sales Fixed asset investment Housing price to income 1 Beijing Shenzhen Shanghai IP forcrVA.A.N1 Electricity production Cement production Steel production Source: National Bureau& Statistics, PBOC,ChinaAutomptive Infonna

•0.1 • •0.2 • •0.3 -Ti MSCI World • 1,175 - 1,075 - 975 •0.4 • •0.5 - Index • 875 •0.6 • - 775 675 •0.7 2008 2009 2010 2011 Source: Citigrotp, Bloomberg. 2012 Unfortunately, the ECB can't create jobs Employment percent change, O0O, saar 3% .3% 2005 2006 2007 2008 2009 2010 2011

Lujiazui Forum Annual Meeting 2010 Structural Adjustment and Financial Reform in the Post-Crisis Era June 25 - 26, 2010 Shanghai Forum Co-Hosts: Shanghai Municipal People's Government People's Bank of China China Banking Regulatory Commission China Securities Regulatory Co

arles DALLARA Director. Institute of International Finance* WU Yan Chairman, The People's Insurance Company (Group) of China KONG Dan Chairman, CITIC Group HE Dong Executive Director (Research), Hong Kong Monetary Authority 5 EFTA00614544 16:30 - 18:00 Panel IV: Growth of Small and Medium Enterpr

Lujiazui Forum Annual Meeting 2010 Structural Adjustment and Financial Reform in the Post-Crisis Era June 25 - 26, 2010 Shanghai Forum Co-Hosts: Shanghai Municipal People's Government People's Bank of China China Banking Regulatory Commission China Securities Regulatory Co

arles DALLARA Director, Institute of International Finance' WU Yan Chairman, The People's Insurance Company (Group) of China KONG Dan Chairman, CITIC Group HE Dong Executive Director (Research), Hong Kong Monetary Authority' EFTA_R1_01467514 EFTA02407930 16:30 - 18:00 Panel IV: Growth of Small an