Attitude, Confucius

見賢思齊焉，見不賢而內自省也。

- 孔子

When you see a good man, try to emulate his example, and when you see a bad man, search yourself for his faults.

- Confucius (551BC–479BC)

Knowledge, Confucius

知之爲知之 不知爲不知 是知也。

- 孔子

When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.

- Confucius (551BC–479BC)

Confidence, Confucius

後生可畏 焉知來者之不如今也。

- 孔子

A youth is to be regarded with respect. How do you know that his future will not be equal to our present?

- Confucius (551BC–479BC)

Success, Confucius

君子求諸己 小人求諸人。

- 孔子

What the superior man seeks is in himself. What the mean man seeks is in others.

- Confucius (551BC–479BC)

Success, Confucius

仁者先難而後獲。

- 孔子

The man of virtue makes the difficulty to be overcome his first business, and success only a subsequent consideration.

- Confucius (551BC–479BC)

Study, Confucius

學而不思則罔思而不學則殆。

- 孔子

He who learns but does not think, is lost! He who thinks but does not learn is in great danger.

- Confucius (551BC–479BC)

Asia Insights: China: Mixed signals from leading indicators

Fixed Income | Asia Ex-Japan
21 December 2012

Asia Insights: China: Mixed signals from leading indicators

· Nomura's China leading indicator fell in November, but we expect it to pickup in December (Bloomberg ticker: NMEICLI).

· Our heatmap continues to improve, with 67% of indicators positive in November, up from a revised 65% in October.

· We expect growth momentum to continue to build, and maintain our above-consensus GDP forecasts for 4Q and Q1 2013.