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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 50, 2011> PEOPLE & POINTS
UPDATED: December 9, 2011 NO. 50 DECEMBER 15, 2011
Quotes of the Week
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"China is willing to bear the obligations of a legally binding commitment matched with China's economic development and capabilities based on the principle of common but differentiated responsibilities, fairness and environmental integrity."

Xie Zhenhua, Vice Chairman of the National Development and Reform Commission of China, who led a Chinese delegation to the UN Climate Change Conference, said at a meeting in Durban, South Africa, on December 5

"The argument that China should rescue Europe does not stand, as reserves are not managed that way. Foreign reserves aren't domestic income or money that can be disposed of by the premier or finance minister."

Chinese Vice Foreign Minister Fu Ying, at the Lanting forum held by the Ministry of Foreign Affairs of China in Beijing on December 2

"The U.S. has always asked China to be transparent about its strategy. It is the U.S. that should make its intentions clear."

Major General Luo Yuan, from the People's Liberation Army Academy of Military Science of China, in an interview with China Daily reporters during a meeting between high-ranking military officers from China and the United States in Beijing on December 6

"We want to make sure that the imbalances which led to the situation in the euro zone today cannot happen again. Therefore we want a new treaty, to make clear to the peoples of Europe, members of Europe and members of the euro zone, that things cannot continue as they are."

French President Nicolas Sarkozy, telling a news conference after a meeting with German Chancellor Angela Merkel in Paris, France on December 5 that the two countries agreed on a series of reforms aimed at changing the EU treaty to impose tough control of euro zone budgets

"It (the new budget) will include, among other initiatives, a new system of loan guarantees which will enable banks to resume lending and a new microfinance scheme which will help people to start their own businesses. This will allow small firms to take on one or even two employees."

Irish Prime Minister Enda Kenny, calling for tougher measures for next year's budget in a televised address to the nation in Dublin, Ireland on December 5



 
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