Quotable

There is no foundation for further depreciation of the currency, as the balance of payments remained in great surplus and the around 7 percent economic growth rate is remarkable in the world."

Wang Yungui, official at the State Administration of Foreign Exchange.

"It's a strong innovative spirit that has brought Lenovo to where it is today."

Yang Yuanqing, chairman and chief executive of Lenovo Group Ltd, who credited its global success to clear strategy, innovative products, an efficient business model and a multicultural management team.

"The current account deficit narrowed slightly in July due to a slowdown in imports and improved exports. In addition, diaspora remittances remain strong. The CBK stands ready to use the instruments at its disposal to maintain overall price stability,"

CBK Governor Patrick Njoroge said in a statement issued after the bank's MPC meeting in Nairobi.

(China Daily Africa Weekly 09/25/2015 page18)