Quotes of the day

"China's economic fundamentals are still better than other economic powers and newly developed nations. The difficulties China face have been greatly exaggerated. In fact, China's economic growth space is much larger than other countries including the United States. The nation's business environment and competitive basis are much better than other countries."

Mei Xinyu, a researcher at the Ministry of Commerce's International Trade and Economic Cooperation Institute

"To the Chinese government, calling on brokerages to do their national service is just like a mother asking her sons. It would be unimaginable in the United States market, but in China it makes sense, because the government is the largest shareholder of many brokerages."