Quotable

"We should improve the relevance and flexibility of macroeconomic policies to properly manage hot money flows, and take measures to ensure the stability of overall pricing levels."

Zheng Xiaosong, Chinese assistant finance minister, saying on the sidelines of the Boao Forum for Asia that China and other emerging economies should guard against possible financial turmoil caused by policy decisions being made in developed countries.

(China Daily 04/12/2013 page14)