Quotable

China is moving toward a general equilibrium of current account balance. The yuan exchange rate is also approaching a reasonable and balanced level. Under these circumstances, two-way fluctuations of cross-border capital flows are likely to become the new norm due to increasing economic uncertainties in and outside China.

Guan Tao, head of the department of international payments, State Administration of Foreign Exchange.

The lack of good unemployment data is the main reason why China still focuses so much on GDP. The government is more concerned about employment and inflation, and that's why it refrained from big stimulus.

Zhu Haibin, chief China economist with JPMorgan Chase & Co in Hong Kong.

It's clear that China has a massive mobile economy, and this will help us grow there.

Jeff Seibert, Twitter's director of mobile platforms. He said he hoped Twitter's latest developer tool can help the company reach talented developers of Chinese mobile applications.

(China Daily Africa Weekly 10/31/2014 page1)