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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 47, 2011> PEOPLE & POINTS
UPDATED: November 18, 2011 NO. 47 NOVEMBER 24, 2011
Quotes of the Week
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"If the rules are made by the international community through agreement and China is part of it, China will definitely abide by them. But if the rules are decided by one or several countries, China does not have the obligation to observe them."

Pang Sen, Deputy Director of the Department of International Organizations and Conferences of the Chinese Foreign Ministry, in response to U.S. Trade Representative Ron Kirk's demand that China play by the rules, at a press briefing in Honolulu, Hawaii, the United States, on November 14

"China is and will always be capable of supporting its elderly population as long as it continues to enjoy social stability and economic growth."

Hu Xiaoyi, Vice Minister of Human Resources and Social Security, making the remark in an article of the People's Daily newspaper on November 17 while discussing the challenges facing China's pension fund plan

"As the largest trading nation, the second largest national economy and the third largest currency area, China should have an influence in the international monetary system second only to the United States and Europe."

Nobel-laureate economist Robert Mundell, stressing that China's currency should play a greater role in a possible future international monetary system, in an interview with Xinhua News Agency in Hangzhou, east China's Zhejiang Province, on November 14

"Moscow believes the road of sanctions against Iran was dead-ended. To threaten with sanctions and air-strikes can only delay a solution by negotiation."

Russian Foreign Minister Sergei Lavrov, during a stopover while returning from Hawaii to Moscow on November 14

"As I said, change brings opportunities, an opportunity to begin to refashion the EU so it better serves this nation's interests and the interests of its other 26 nations."

British Prime Minister David Cameron, in a keynote foreign policy speech in London on November 14, against a background of financial and political uncertainty and change in the EU and the eurozone



 
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