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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 42, 2011> PEOPLE & POINTS
UPDATED: October 14, 2011 NO. 42 OCTOBER 20, 2011
Quotes of the Week
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"China called on the U.S. Government, Congress and various communities to firmly oppose the wrong doing of pressuring the yuan exchange rate by way of domestic legislation, to resist protectionism, and to resist the politicization of economic and trade issues to safeguard the healthy development of China-U.S. economic and trade relations."

Chinese Foreign Ministry spokesman Ma Zhaoxu, in Beijing on October 12, responding to the U.S. Senate's passing of the Currency Exchange Rate Oversight Reform Act on October 11

"To break the vicious cycle of uncertainty over sovereign debt sustainability and over growth prospects, we need comprehensive solutions now."

European Commission President Jose Manuel Barroso, calling for comprehensive solutions to the euro crisis in Brussels on October 12

"The China-Viet Nam agreement is a positive step in the process of negotiating maritime issues...it will provide important guidelines for the two countries to resolve maritime issues."

Chinese Foreign Ministry spokesman Liu Weimin, speaking at a daily press briefing on October 12 after China signed a six-point agreement with Viet Nam on basic principles guiding the settlement of existing maritime issues between the two countries

"All three countries should unearth the truth regarding the incident as quickly as possible and provide China with timely reports during the investigation."

Chinese Vice Foreign Minister Song Tao, during a talk with envoys from Thailand, Laos and Myanmar on October 13, urging the three nations to intensify their investigation of recent attacks on Chinese ships on the Mekong River that killed 13 Chinese

"The government will provide support to help companies that are trapped in the financial crunch but have the ability to survive these difficulties."

Chen Derong, Vice Governor of Zhejiang Province, on the Chinese Government's financial and fiscal support to the country's small businesses that are suffering from the debt crisis



 
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