Quotable

The Chinese market slump is not only just scaring Australian investors, but also the treasury, which was already nervous about the plunge in commodity prices. In the current environment you have got to wonder if we can afford future tax cuts."

Paul Williams, a political analyst at Griffith University in Australia

"In the long term, a strong stock market depends not on how much pension money is invested, but on whether the central bank maintains low interest rates for a long time or not and on the profit level of listed companies."

Ye Tan, financial commentator

"The People's Bank of China is the last major central bank that still has some ammunition left that could help stimulate global growth. Beijing also has some fiscal headroom for more policy stimulus measures."

Rajiv Biswas, chief economist at IHS Global Insight in Singapore

(China Daily European Weekly 08/28/2015 page2)