Quotable

"The Chinese market is as important, and eventually may well be even more important, than the US market. The people who lead our company in the future have to have personal experience in China."

Jim McNerny, chief executive officer of Boeing Co. He made the marks when Bertrand-Marc Allen, former China president of Boeing, took up a new position with the company in Seattle on March 14.

"Industrial experts have spent years of research in this field, achieving little progress. The new super power fracturing pump developed by the company utilizing advanced technical innovations will significantly contribute to non-conventional oil and gas development in China."

Zhou Shouwei, president of the China Petroleum and Petrochemical Equipment Industry Association, speaking about China's becoming the third country after the United States and Russia capable of designing and building turbine-driven fracturing equipment for shale gas.

"I can't presume to answer these regulatory issues for China because it is too complicated for me as someone outside the country."

Robert Shiller, winner of the Nobel Prize in economics last year, explaining how he sees China's central bank's move to halt use of QR codes and virtual credit cards.

(China Daily European Weekly 03/28/2014 page18)