Quotable

It's important for Japan to reflect on history."

Tomiichi Murayama, former Japanese prime minister, who says his country should again apologize to other Asian countries for its wartime behavior.

"This 25 basis points cut is a cautious monetary policy adjustment. It is intended to lower the relatively high real interest rates and decrease financial costs for the industrial economy."

Li Daokui, deputy head of the School of Economics and Management at Tsinghua University, commenting on the central bank's recent cut of interest rates for the third time in six months.

(China Daily European Weekly 05/15/2015 page2)