Quotable

The robust increase in brand value reflects the continued optimism of Chinese consumers, while demonstrating how resilient strong brands are in times of economic turbulence."

Doreen Wang, global head of BrandZ. New York-based research firm Millward Brown, which owns BrandZ and communications group WPP Plc, released a survey showing that for the first time private brands contributed more than half, or some 51 percent, of the value of China's top 100 brands, surpassing state-owned enterprises.

"Just because you are very successful in China doesn't mean that you can translate those success factors into activities in the rest of the world."

Hans-Paul Burkner, global chairman of Boston Consulting Group. Amid rapid expansion in Chinese companies' overseas takeovers, experts caution that Chinese acquirers should not assume they can replicate their domestic success overseas.

"Analysts focused on domestic demand for the steel market, but they overlooked the country's capability for exports."

Sam Walsh, chief executive of Rio Tinto Group. The global mining giant is looking into opportunities for growth in the uranium business, predicting an uptick in the industry driven by China's rising demand for nuclear fuel.

(China Daily Africa Weekly 03/25/2016 page24)