"The long-term India growth story is intact. Investors should continue to have confidence in the Indian economy. The markets are resilient."

Indian Finance Minister Palaniappan Chidambaram, maintaining his forecast for 8 percent growth of India's economy this year after the July 11 bomb attacks in Mumbai

"A yuan revaluation might prove meaningless because the real problem was that U.S. consumers were eager to buy low-cost Chinese goods. The U.S. has little to sell back to China but Boeing and beef, and that is something both China and the U.S. realize."

Tao Dong, economist who specializes in non-Japan Asia at Credit Suisse, on China's huge trade surplus

"We have agreed to seek a UN Security Council resolution, which would make the International Atomic Energy Agency-required suspension mandatory."

French Foreign Minister Philippe Douste-Blazy, after a meeting of top diplomats of the five permanent UN Security Council members and Germany at which they agreed to refer Iran's nuclear issue to the UN Security Council

"Our action is aimed at exchanging prisoners [in Israeli jails], we do not want to escalate the clash or drag Lebanon and the region into war."

Lebanese Hezbollah leader Hassan Nasrallah, explaining his organization's capture of two Israeli soldiers on July 12

"China's strong external position provides insulation from external shocks and allows the authorities time to introduce market-oriented reforms and restructure the banking system.'' 

Tom Byrne, Moody's Vice President