Quotable

"Once the development bank begins its operations, maintaining an equilibrium of power among the BRICS nations will become a real problem. Founding members of the bank have already formed a power-dividing mechanism and insist on paying an equal share of initial capital to prevent any country from taking a leading role."

Cheng Lian, a researcher at the Institute of Finance and Banking with the Chinese Academy of Social Sciences, commenting on the newly established BRICS development bank.

"Investing in Chicago property is Wanda's first move into the US real estate market."

WANG JIANLIN, billionaire chairman of China's Wanda Group, announcing the company's $900 million investment in what will include the third-tallest building in Chicago.

"A sound mechanism is crucial to eliminate the problem of corruption. The effort of 'treating' corrupt officials through psychological intervention is funny but futile."

REN JIANMING, director of the Anti-Corruption and Governance Research Center at Tsinghua University, talking about media reports that medical means might be used to curb corruption.

(China Daily Africa Weekly 07/18/2014 page3)