Quotable
Under international maritime conventions, China has responsibilities to perform rescue operations in the South China Sea."
Yin Zhuo, director of the Expert Consultation Committee of the People's Liberation Army navy, saying that China's ongoing efforts to build and upgrade infrastructure on islands and reefs in the South China Sea will improve its maritime search and rescue capability and help other nations.
"The systemic financial risks in China are worthy of attention, but they can be controlled. With a small national fiscal deficit and about $4 trillion in foreign exchange reserves, the government has the ability to solve the problem."
Huang Haizhou, managing director of investment bank China International Capital Corp
"Most overseas investments of China's central enterprises are in the financial sector, the mineral industry and communications. But these foreign units can cause a loss of State assets because of illegal activities."
Zhang Huiming, an economics professor at Fudan University
(China Daily Africa Weekly 05/08/2015 page3)
Today's Top News
- Demand for widebody aircraft rising
- China pledges greater fiscal support in H2
- Taizhou vs Huai'an rivalry off the pitch
- China, Indonesia pledge deeper defense, security cooperation
- Sino-Swiss FTA upgrade widens access to markets
- China, Indonesia agree to deepen cooperation



























