"China's property market has outgrown its surefire get-rich-quick expansion period. Now, it is heading into a new era where Chinese buyers demand more from property developers under stepped-up competition from both within and outside the housing sector."
Zhu Zhongyi, Honorary Vice Chairman of the Chinese Real Estate Association, at the Boao Real Estate Forum in Hainan Province on August 8
"Residents will feel the pain if inflation goes too high, but the economy and companies will suffer if it is too low. Having the consumer price index (CPI) at about 2 percent is an ideal level."
Yang Hongxu, deputy head of the Shanghai-based E-House China R&D Institute, commenting on China's CPI growth of 2.3 percent year on year in July, on August 9
"As the economy slows down and demand for business-class service wanes, Air China has to tighten its belt."
Lin Zhijie, a civil aviation expert, explaining the motives behind Air China's new seat selection fee, on August 12
"Military-to-military engagements, like RIMPAC [Rim of the Pacific drill] and this port visit, are very important to the relationship between our navies. They help us build trust and enhance transparency."
Rear Admiral Patrick Lorge, Commander of the U.S. Navy Region Southwest, speaking at a welcoming ceremony for a visiting Chinese flotilla in San Diego on August 10 |