Eventually the strategy of using Hong Kong to internationalize the yuan will payoff and lay the base for the ultimate maneuver of making the yuan fully convertible in Japan.
In the 1990s Truman Bewley of Yale University interviewed hundreds of employers and discovered that, faced with a slump in demand, they would rather lay some workers off than cut the pay or hours of everybody.
He finds it extremely improbable that residential or commercial buyers would, in this economy, lay out cash for a solar system that won't payoff for a decade.