---
title: "Meaning & Key Takeaway of: China understands economics more than…"
description: "\"China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.\" — Richard Grenell"
image: "https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg"
---

#  China understands economics more than most countries and…

![“China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.” quote by Richard Grenell](https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg)   [Download](https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg) [Open image](https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg)

> “China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.”

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

China’s economic policy shifts when its currency is directly affected, often leading to more freedom.

**In simple terms:** Currency issues drive policy change.

Key Takeaway

Monitor yuan impacts on reforms.

Themes

politics economics policy China

Mood

analytical critical

Type

informative strategic

When to use this quote

- investment strategy
- foreign policy
- human rights advocacy

Key Concepts

currency dynamics sovereign decisions

Questions to Reflect On

- How does currency influence political freedom?
- What are the risks of linking reforms to market moves?

A Different Perspective

Complex motivations beyond economics.

★ ★ ★ ★ ★   No ratings yet

[China](https://sms4smile.com/quotes/about/china/) [China Understands](https://sms4smile.com/quotes/about/china-understands-5580556/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economics Countries](https://sms4smile.com/quotes/about/economics-countries-5793396/) [Freedom](https://sms4smile.com/quotes/about/freedom/) [Freedoms Yuan](https://sms4smile.com/quotes/about/freedoms-yuan-5793394/) [More](https://sms4smile.com/quotes/about/more/) [Most](https://sms4smile.com/quotes/about/most/) [Than](https://sms4smile.com/quotes/about/than/) [Understands Economics](https://sms4smile.com/quotes/about/understands-economics-1608945/) [Yuan Directly](https://sms4smile.com/quotes/about/yuan-directly-5793395/)

## Related quotes

> [China understands that without energy there is no growth and without growth there is no power.](https://sms4smile.com/quotes/vivek-agnihotri/china-understands-that-without-energy-there-is-no-growth-and-without/)

[Vivek Agnihotri](https://sms4smile.com/quotes/author/vivek-agnihotri/)

> [I don't think most of Congress understands how economics works.](https://sms4smile.com/quotes/alexandria-ocasio-cortez/i-don-t-think-most-of-congress-understands-how-economics-works/)

[Alexandria Ocasio-Cortez](https://sms4smile.com/quotes/author/alexandria-ocasio-cortez/)

> [The realization that I came to is that each citizen for himself or herself understands the economics, which is, "I better make more than…](https://sms4smile.com/quotes/david-mamet/the-realization-that-i-came-to-is-that-each-citizen-for-himself-or/)

[David Mamet](https://sms4smile.com/quotes/author/david-mamet/)

> [I think what's different about Trump is he's a businessman - and he understands economics.](https://sms4smile.com/quotes/scott-bessent/i-think-what-s-different-about-trump-is-he-s-a-businessman-and-he/)

[Scott Bessent](https://sms4smile.com/quotes/author/scott-bessent/)

> [The only language that the Japanese whaling industry understands is economics.](https://sms4smile.com/quotes/paul-watson/the-only-language-that-the-japanese-whaling-industry-understands-is/)

[Paul Watson](https://sms4smile.com/quotes/author/paul-watson/)

> [India may be overtaking China as the world's most polluted country. Even now, which country is worse depends on the day.](https://sms4smile.com/quotes/steve-inskeep/india-may-be-overtaking-china-as-the-world-s-most-polluted-country/)

[Steve Inskeep](https://sms4smile.com/quotes/author/steve-inskeep/)

> [I don't see why we and the Chinese should have to be enemies.](https://sms4smile.com/quotes/indira-gandhi/i-don-t-see-why-we-and-the-chinese-should-have-to-be-enemies/)

[Indira Gandhi](https://sms4smile.com/quotes/author/indira-gandhi/)

> [Language is so specific to art, all the way to the past in China. Previously, people were not allowed to include various regional dialects…](https://sms4smile.com/quotes/jia-zhangke/language-is-so-specific-to-art-all-the-way-to-the-past-in-china/)

[Jia Zhangke](https://sms4smile.com/quotes/author/jia-zhangke/)

> [Broken china lasts longer than unbroken.](https://sms4smile.com/quotes/jules-renard/broken-china-lasts-longer-than-unbroken/)

[Jules Renard](https://sms4smile.com/quotes/author/jules-renard/)

> [In China, people are moving from bigger cars to small hatches, and interestingly, the Indian market is graduating to bigger cars and sedans. I…](https://sms4smile.com/quotes/winfried-vahland/in-china-people-are-moving-from-bigger-cars-to-small-hatches-and/)

[Winfried Vahland](https://sms4smile.com/quotes/author/winfried-vahland/)

> [There is no precedent of an advanced economy withdrawing from a trade agreement as deep and as complex as the European Union.](https://sms4smile.com/quotes/jo-johnson/there-is-no-precedent-of-an-advanced-economy-withdrawing-from-a-trade/)

[Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/)

> [Personally, I prefer contemporary films, but the market calls for more period choices, especially since China opened up a cinema market in Hong Kong.…](https://sms4smile.com/quotes/donnie-yen/personally-i-prefer-contemporary-films-but-the-market-calls-for-more/)

[Donnie Yen](https://sms4smile.com/quotes/author/donnie-yen/)

> [One of the things the United States does well is building coalitions. What the U.S. knows is that if you don't have a coalition…](https://sms4smile.com/quotes/shimon-peres/one-of-the-things-the-united-states-does-well-is-building-coalitions/)

[Shimon Peres](https://sms4smile.com/quotes/author/shimon-peres/)

> [ \[The Dalai Lama\] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could,… ](https://sms4smile.com/quotes/pico-iyer/the-dalai-lama-told-me-some-years-ago-i-ve-made-every-concession-to/)

[Pico Iyer](https://sms4smile.com/quotes/author/pico-iyer/)

> [I don't want to go into space because of war. I think we would if it was triggered. If China said they want to…](https://sms4smile.com/quotes/neil-degrasse-tyson/i-don-t-want-to-go-into-space-because-of-war-i-think-we-would-if-it/)

[Neil deGrasse Tyson](https://sms4smile.com/quotes/author/neil-degrasse-tyson/)

## More by Richard Grenell

> [Many developing nations have such severe debt and budget problems that the money given by developed nations will never be spent the way it…](https://sms4smile.com/quotes/richard-grenell/many-developing-nations-have-such-severe-debt-and-budget-problems/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Fellow conservatives, particularly within the Republican Party, typically do a good job arguing against totalitarian, one-size-fits-all approaches to policy. What works for a family…](https://sms4smile.com/quotes/richard-grenell/fellow-conservatives-particularly-within-the-republican-party/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [U.S. academics and Upper East Side New Yorkers like to think of the United Nations as a place where foreign ambassadors have intellectual discussions…](https://sms4smile.com/quotes/richard-grenell/u-s-academics-and-upper-east-side-new-yorkers-like-to-think-of-the/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [While supporting human rights in another country is important, fighting for our own safety is crucial.](https://sms4smile.com/quotes/richard-grenell/while-supporting-human-rights-in-another-country-is-important/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Cancer taught my family that my mom is much stronger than we ever thought. Faced with a devastating diagnosis, she just kept going and…](https://sms4smile.com/quotes/richard-grenell/cancer-taught-my-family-that-my-mom-is-much-stronger-than-we-ever/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [In the past, liberals have competed to see who could shout the loudest to shut down the banks, ridicule success, and penalize anyone working…](https://sms4smile.com/quotes/richard-grenell/in-the-past-liberals-have-competed-to-see-who-could-shout-the-loudest/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [The U.N. and other international bodies, along with wealthier nations, could manage the unavoidable migration from poorer countries if there were greater focus on…](https://sms4smile.com/quotes/richard-grenell/the-u-n-and-other-international-bodies-along-with-wealthier-nations/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [I think President Obama is weak, bored with the office, and an incompetent leader.](https://sms4smile.com/quotes/richard-grenell/i-think-president-obama-is-weak-bored-with-the-office-and-an/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Biden's support for Mubarak in the face of his falling regime sends a powerful and unfortunate message to the Arab world that their freedoms…](https://sms4smile.com/quotes/richard-grenell/biden-s-support-for-mubarak-in-the-face-of-his-falling-regime-sends-a/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Nominating Susan Rice for Secretary of State is a mistake not just because of her Sunday show deceptions but because her tenure as America's…](https://sms4smile.com/quotes/richard-grenell/nominating-susan-rice-for-secretary-of-state-is-a-mistake-not-just/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [It's true that John Bolton would not win the most popular ambassador award at the U.N., but being popular shouldn't be the priority.](https://sms4smile.com/quotes/richard-grenell/it-s-true-that-john-bolton-would-not-win-the-most-popular-ambassador/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Ironically, Hillary Clinton's appointment in 2008 as secretary of state was forced on Obama by her presidential campaign supporters, who insisted she play a…](https://sms4smile.com/quotes/richard-grenell/ironically-hillary-clinton-s-appointment-in-2008-as-secretary-of/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Journalists undoubtedly have a duty to push, cajole, and aggressively maneuver around campaign handlers in order for the public to see a candidate unscripted.](https://sms4smile.com/quotes/richard-grenell/journalists-undoubtedly-have-a-duty-to-push-cajole-and-aggressively/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Presidents and cabinet officials could send a strong message of accountability if they held senior appointees responsible for their performance.](https://sms4smile.com/quotes/richard-grenell/presidents-and-cabinet-officials-could-send-a-strong-message-of/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

> [Obama has created a new world where countries ignore the U.S. without consequence. It's so bad that Saudi Arabia doesn't even want to serve…](https://sms4smile.com/quotes/richard-grenell/obama-has-created-a-new-world-where-countries-ignore-the-u-s-without/)

[Richard Grenell](https://sms4smile.com/quotes/author/richard-grenell/)

[Explore all 99 Richard Grenell quotes ](https://sms4smile.com/quotes/author/richard-grenell/)

## More China quotes

> [I don't want to go into space because of war. I think we would if it was triggered. If China said they want to…](https://sms4smile.com/quotes/neil-degrasse-tyson/i-don-t-want-to-go-into-space-because-of-war-i-think-we-would-if-it/)

[Neil deGrasse Tyson](https://sms4smile.com/quotes/author/neil-degrasse-tyson/)

> [ \[The Dalai Lama\] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could,… ](https://sms4smile.com/quotes/pico-iyer/the-dalai-lama-told-me-some-years-ago-i-ve-made-every-concession-to/)

[Pico Iyer](https://sms4smile.com/quotes/author/pico-iyer/)

> [One of the things the United States does well is building coalitions. What the U.S. knows is that if you don't have a coalition…](https://sms4smile.com/quotes/shimon-peres/one-of-the-things-the-united-states-does-well-is-building-coalitions/)

[Shimon Peres](https://sms4smile.com/quotes/author/shimon-peres/)

> [Personally, I prefer contemporary films, but the market calls for more period choices, especially since China opened up a cinema market in Hong Kong.…](https://sms4smile.com/quotes/donnie-yen/personally-i-prefer-contemporary-films-but-the-market-calls-for-more/)

[Donnie Yen](https://sms4smile.com/quotes/author/donnie-yen/)

> [There is no precedent of an advanced economy withdrawing from a trade agreement as deep and as complex as the European Union.](https://sms4smile.com/quotes/jo-johnson/there-is-no-precedent-of-an-advanced-economy-withdrawing-from-a-trade/)

[Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/)

> [In China, people are moving from bigger cars to small hatches, and interestingly, the Indian market is graduating to bigger cars and sedans. I…](https://sms4smile.com/quotes/winfried-vahland/in-china-people-are-moving-from-bigger-cars-to-small-hatches-and/)

[Winfried Vahland](https://sms4smile.com/quotes/author/winfried-vahland/)

> [Broken china lasts longer than unbroken.](https://sms4smile.com/quotes/jules-renard/broken-china-lasts-longer-than-unbroken/)

[Jules Renard](https://sms4smile.com/quotes/author/jules-renard/)

> [Language is so specific to art, all the way to the past in China. Previously, people were not allowed to include various regional dialects…](https://sms4smile.com/quotes/jia-zhangke/language-is-so-specific-to-art-all-the-way-to-the-past-in-china/)

[Jia Zhangke](https://sms4smile.com/quotes/author/jia-zhangke/)

> [I don't see why we and the Chinese should have to be enemies.](https://sms4smile.com/quotes/indira-gandhi/i-don-t-see-why-we-and-the-chinese-should-have-to-be-enemies/)

[Indira Gandhi](https://sms4smile.com/quotes/author/indira-gandhi/)

> [India may be overtaking China as the world's most polluted country. Even now, which country is worse depends on the day.](https://sms4smile.com/quotes/steve-inskeep/india-may-be-overtaking-china-as-the-world-s-most-polluted-country/)

[Steve Inskeep](https://sms4smile.com/quotes/author/steve-inskeep/)

> [If China someday gains a more fair, just, and accountable system of government, it will be due to the hard work and efforts of…](https://sms4smile.com/quotes/rebecca-mackinnon/if-china-someday-gains-a-more-fair-just-and-accountable-system-of/)

[Rebecca MacKinnon](https://sms4smile.com/quotes/author/rebecca-mackinnon/)

> [We're always willing to look at ways NAFTA can work better. But it's a fine line between looking at ways to make it work…](https://sms4smile.com/quotes/stephen-harper/we-re-always-willing-to-look-at-ways-nafta-can-work-better-but-it-s-a/)

[Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/)

> [The situation with Tibet has to change. China is one of the last huge dictatorships, holding on to these colonies, provinces. That has to…](https://sms4smile.com/quotes/adam-yauch/the-situation-with-tibet-has-to-change-china-is-one-of-the-last-huge/)

[Adam Yauch](https://sms4smile.com/quotes/author/adam-yauch/)

> [Put plainly, China seems determined to steal its way up the economic ladder, at our expense.](https://sms4smile.com/quotes/christopher-a-wray/put-plainly-china-seems-determined-to-steal-its-way-up-the-economic/)

[Christopher A. Wray](https://sms4smile.com/quotes/author/christopher-a-wray/)

> [The remarkable thing about the Chinese is that they've operated differently than the Russians, the Iranians, and the North Koreans. By and large, they…](https://sms4smile.com/quotes/david-e-sanger/the-remarkable-thing-about-the-chinese-is-that-they-ve-operated/)

[David E. Sanger](https://sms4smile.com/quotes/author/david-e-sanger/)

[Browse all 3,827 China quotes ](https://sms4smile.com/quotes/about/china/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.",
            "creator": {
                "@type": "Person",
                "name": "Richard Grenell"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/richard-grenell/china-understands-economics-more-than-most-countries-and-is-usually/",
            "about": {
                "@type": "Thing",
                "name": "China"
            },
            "@id": "https://sms4smile.com/quotes/richard-grenell/china-understands-economics-more-than-most-countries-and-is-usually/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg",
                "url": "https://sms4smile.com/quotes/i/80b/richard-grenell-6195_china_china-understands-economics-more-than-mo_1550302.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“China understands economics more than most countries and is usually moved to increase freedoms when the yuan…” — Richard Grenell",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Richard Grenell",
                    "item": "https://sms4smile.com/quotes/author/richard-grenell/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "China understands economics more than most...",
                    "item": "https://sms4smile.com/quotes/richard-grenell/china-understands-economics-more-than-most-countries-and-is-usually/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/richard-grenell/china-understands-economics-more-than-most-countries-and-is-usually/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```