Don't underestimate your enemy, remember!
记住别低估你的敌人!
The developers underestimated the cost of the project.
开发商低估了项目成本。
It is a a serious underestimate.
这是很严重的低估!
"The ratings cuts underestimate the significant role domestic tech and internet companies have played in bolstering economic growth of China and even the whole world.
“评级下调低估了国内科技和互联网公司在推动中国乃至全世界经济增长方面所发挥的重要作用。
"People today may think this figure is very high, but sometimes we overestimate the technology iteration in two to three years and underestimate the changes brought by technology or products in more than 10 years," Xu said.
徐说:“现在的人们可能认为这个数字很高,但有时我们高估了两三年内的技术迭代,低估了10多年内技术或产品带来的变化。”。
"People today may think this figure is very high, but sometimes we overestimate the technology iteration in 2-3 years and underestimate the changes brought by technology or products in more than 10 years," Xu said.
徐说:“现在的人们可能认为这个数字很高,但有时我们高估了2-3年的技术迭代,低估了10多年技术或产品带来的变化。”。
Do not underestimate the failure rate of 2.6 percent," said Hu.
"We never underestimate the capabilities and strength of China's aviation industry.
Gao said the US side should not underestimate China's determination.
The other learning is to never underestimate the competition, especially local players.
Fortunately, the country's leadership does not underestimate the magnitude of this and deserves the greatest respect for aiming to complete this transformation by 2049.
"I wouldn't underestimate the power of scale," said Sara Senatore, an analyst at Bernstein Research, referring to the number of McDonald's.
Li Ruoyu, a researcher at the State Information Center, said Moody's outlook downgrade is unconvincing as it underestimates China's economic growth in both the short and medium term.
However, one cannot underestimate the negative impact of the "debt trap" narrative on BRI and its associated investment and financing, he added.
When looking at China's slowing trend of growth, "today's fashionable pessimism" ignores or underestimates the intrinsic strengths of the Chinese economy, which is "flexible and dynamic", as its alternative energy, electric vehicles, data analysis and high-tech sectors remain its strengths, said Larry Hatheway, co-founder of Jackson Hole Economics, and former chief economist of UBS Investment Bank.
Now, however, he said he would never underestimate the importance of the deferral of tax and social insurance payment policies for small businesses in the services sector.
"Don't underestimate the 1 percent increase in yield rate.
"The downgrades underestimate the significant role domestic tech and internet companies have played in bolstering economic growth of China and even the whole world.
"People today may think this figure is very high but sometimes we overestimate the technology iteration in two to three years and underestimate the changes brought by technology or products in more than 10 years," Xu said.
"To see it (the tax rate reduction) as a simple stimulus is to underestimate its effect," Shen said.
"Some US politicians, who speculate that China has stolen their technology, underestimate Chinese people's wisdom and technological innovation," he said.
But, Cao Haifeng, a non-banking financial analyst of UBS Securities, said such a perception is flawed as it underestimates the size of the Chinese securities industry.
China should not underestimate the long-term impact of this," Xu said.
NEW YORK - US financial service agency S&P's decision to downgrade China's credit ratings will have little impact on investor sentiment as it underestimates the country's capacity to curb debt risks and deepen economic reform, experts have said.
Never underestimate the cyclical, structural, and institutional risks facing the Chinese economy.
Second, Moody's estimation that relevant reforms in China may not be effective and that the Chinese economy will continue to slow underestimates the Chinese government's ability to deepen supply-side structural reform and moderately expand domestic demand.
and underestimates the government's ability to deepen supply-side structural reform and appropriately expand overall demand," the finance ministry said.
"These viewpoints, to some extent, overestimate the difficulties facing the Chinese economy and underestimate the capabilities of China to deepen supply-side structural reform and expand overall demand," the MOF said.
The risks in the industry is "controllable in general," but authorities should not underestimate risks arising from particular areas, the statement said.
No one should underestimate the resolve, the will and the ability of the Chinese people to defend their national sovereignty and territorial integrity, said Zhu.