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Quotable

China Daily | Updated: 2012-01-13 07:50
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"The nation will expand its trading level with emerging markets this year."

Zhong Shan, vice-minister of commerce, saying that China aims to diversify and offset a slowdown in exports caused by the deepening European debt crisis and the troubled economy in the United States.

"If they want emerging countries to put money in, do it in a businesslike way. It's necessary for the EU to make a commitment to release part of its shares to emerging economies."

Li Daokui, an adviser to the People's Bank of China, saying that China's contribution to any European Union bailout through the International Monetary Fund must be linked to quota reform by the international institution.

"China doesn't export a large number of wind turbines to the United States, so the petition will not have much effect on the companies."

Shi Pengfei, vice-president of the Chinese Wind Energy Association, saying that the petition from a coalition of US wind power companies seeking anti-dumping and countervailing investigations against China won't hurt the domestic industry.

China Daily

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