Quotable

China needs to avoid currency mismatch as it opens its capital account. For a currency to be internationally traded, what you need most is liquid markets. A deep market means people can get their money out."

Ben Bernanke, former chairman of the US Federal Reserve

"The real estate market is still the best profit channel for investment. The growth in housing demand is far from over, especially in first-and second-tier cities. Population growth, urbanization and lifestyle evolution will continue to drive its development."

Dong Pan, director of the Research Center for Real Estate, part of Beijing Normal University

"Capital market reforms are not keeping pace with the rally in the A-share market. Boosting the stock market will benefit China's economic transformation, and sustained measures are necessary. Otherwise the current rally will be more of a redistribution of wealth, as in the past."

Ye Tan, a financial commentator

(China Daily Africa Weekly 05/29/2015 page18)