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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 31, 2011> PEOPLE & POINTS
UPDATED: July 29, 2011 NO. 31 AUGUST 4, 2011
Quotes of the Week
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"The outlook for China's exports is uncertain for the rest of the year, and the government needs to keep policies flexible to maintain stable export growth."

Gao Hucheng, Vice Minister of Commerce, at a news conference in Beijing on July 26

"The debt crisis has exposed the structural problems in the Greek economy. It is therefore a must for the country to carry out structural reform and push forward the privatization process."

Chinese Ambassador to Greece Luo Linquan, in an interview with Xinhua News Agency in Athens, on July 24

"Further development of China-ASEAN relations is conducive to the East Asian region's stability and economic prosperity."

ASEAN Secretary General Surin Pitsuwan, during an interview with Xinhua News Agency after China and ASEAN nations reached an agreement in Bali on resolving territorial disputes in the South China Sea on July 21

"If we stay on the current path, our growing debt could cost us jobs and do serious damage to the economy."

U.S. President Barack Obama, warning in Washington, D.C. on July 25 that failure to raise the debt ceiling would severely harm the United States' economy as Washington is running out of time to avert an unprecedented default by August 2

"The euro is part of Germany's economic success. A Europe without the euro is unimaginable, and it is worth every effort."

German Chancellor Angela Merkel, at a press conference in Berlin on July 22, remarking on the new bailout package for Greece hammered out by euro-zone leaders the day before



 
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