Quotable

"Yes, China's growth has slowed, but it is still by far the largest market in the world. We think that it will continue to grow, and the opportunity is there. We hold long-term confidence in China."

Edward J. rapp, Caterpillar Group President and CFO, saying that China's economy has "bottomed out", but there are still challenges ahead and it's too early to conclude when the situation will really improve.

"The dual-brand strategy has proved to be very successful."

Pat Olney, president of Volvo Construction Equipment, a subsidiary of the Volvo Group, saying that Volvo's sister brand, Shandong Lingong Construction Machinery Co Ltd, or SDLG, will manufacture four models of excavators in Brazil in 2013. International manufacturing giants are ushering their Chinese partners to the global market in a bid to pursue bigger market shares for both.

"Some countries still have a Cold War mentality toward investments from Chinese firms, especially State-owned ones. With little knowledge of the facts, they jump to arbitrary conclusions that Chinese firms affect their national security."

Chong Quan, a senior trade representative with the Chinese Commerce Ministry, saying the government will try to play a more active role in formulating international investment rules as Chinese enterprises are confronted with a rise in investment barriers to overseas expansion.

(China Daily 11/30/2012 page14)