Quotable

"We should analyze shadow banking from various aspects and then decide which kind of regulation is the most suitable and most needed, rather than completely deny its positive effects simply because of arbitrage."

Hu Xiaolian, deputy governor of the People's Bank of China, commenting on how the rapid growth of shadow banking is largely driven by arbitrage.

"The fundamental success of Microsoft was based on the value we create in every place that we operate in."

Satya Nadella, CEO of Microsoft Corp, saying Microsoft has to trust the Chinese government and work with industry regulators to expand its business in the world's top information technology market.

"I would not expect that Dubai will become a major hub for Chinese issuers - but it will manage to grab some share."

Hamed Ali, CEO of Nasdaq Dubai, on how the organisation hopes to lure more bond listings from China.

(China Daily Africa Weekly 10/03/2014 page18)