"A major shift in China's family planning policy will result in a greater focus on population management than on quantity control, to improve people's quality of life. We'll fine-tune the family planning policy gradually."

Li Bin, Minister of the National Population and Family Planning Commission, speaking at an international event to mark World Population Day on July 11 in Beijing

"We don't have to panic about the June CPI figure. A CPI growth above 6 percent doesn't mean the inflation situation is worsening in China, because 3.7 percentage points of the increase were contributed by the carryover effect, and new factors that push up prices have been under the government's control."

Zhang Liqun, a macroeconomic analyst with the State Council Development Research Center, in an interview with Xinhua News Agency concerning China's CPI's three-year high of 6.4 percent in June on July 9 in Beijing

"We, thankfully or not, cannot print a reserve currency. But what are they (the Americans) doing? They simply spit nails, turn on the printing press and throw money to the world, in order to resolve their urgent problems."

Russian Prime Minister Vladimir Putin, criticizing the U.S. monetary policy as "hooliganism" when meeting members of the Russian Academy of Science on July 11 in Moscow

"Failure is not an option. Both sides understand what is at stake and will come to an agreement."

U.S. Treasury Secretary Tim Geithner, at a finance symposium held on July 12 in Washington, D.C., saying the U.S. administration and the congress may come to an agreement on deficit reduction and raising debt limit

"We have waited for more than 56 years for this. It is a dream that has come true."

Salva Kiir Mayardit, President of the newly born South Sudan, on the independence ceremony for the Republic of South Sudan on July 9 in Juba, South Sudan