Quotable

Updated: 2011-11-18 07:42

(China Daily)

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"China's banks and financial sector are healthy, but there are vulnerabilities that should be addressed by the authorities."

Jonathan Fiechter, deputy director of the International Monetary Fund's monetary and capital markets department, announcing the first formal evaluation report of China's financial system.

"The US government should not hurt the development of the global clean-energy industry in order to protect a few US companies' benefits."

Quotable

Li Junfeng, secretary-general of the Chinese Renewable Energy Industries Association, saying that many photovoltaic solar producers in China and the US are facing difficulties because of reduced incentives, improper investment decisions and lack of scale, and that it is normal some companies will be eliminated from the industry.

"China will soon be the largest liquid refreshment beverage market of all."

Indra Nooyi, PepsiCo CEO, saying that she has no doubt that China represents the future for PepsiCo and the future for the industry.