Quotable

The central bank was able to stabilize the exchange rate thanks to China's $3.7 trillion in foreign exchange reserves. It will intervene only in exceptional circumstances to counteract excessive volatility. The Chinese government has no intention or need to participate in any so-called currency war."

Ma Jun, chief economist at the People's Bank of China

"Patents can bring real benefits to the public and earn inventors profits only if they are commercialized."

Lu Dahan, secretary-general of the China Association of Inventions, talking about difficulties for inventors to access funding

"The recent events in China reflect ongoing uncertainties in the global economy. Notwithstanding near-term uncertainties, we believe the growth drivers for Asia remain intact."

Jimmy Koh, head of investor relations at United Overseas Bank Ltd, Singapore's third-largest bank

(China Daily European Weekly 08/21/2015 page19)