Quotable
Updated: 2013-02-08 09:10
(China Daily)
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"It is phenomenally difficult for Western economists and observers to gain insights into what goes on in the Chinese economy because China has achieved a level of economic growth that is unprecedented in world history."
Alex Bryson, principal research fellow at NIESR. A new economic report by the National Institute for Economic and Social Research, a leading British think tank, argues that China can look forward to a period of stability that runs counter to the gloomy predictions of some Western economists.
"Many respondents said increased domestic competition forces them to seek new markets for sales, and become more competitive by acquiring new technologies, brands or expertise."
Davide Cucino, president of the EU chamber. A survey by the EU Chamber of Commerce found Chinese investors generally see the European Union as being open to foreign investment, and are willing to increase investment there.
"We have seen that more and more US investigations now happen in the high-tech and green-energy sectors. This demonstrates that Chinese high-tech companies are moving closer to their US peers and have started to impose pressure on them."
Zhou Shijian, a senior trade expert at Tsinghua University, saying that investigations from the US are inevitable, as it aims to protect its own interests. The United States International Trade Commission said on Jan 31 that it launched a patent probe into Huawei Technologies Co Ltd and ZTE Corp - the second investigation into Chinese telecom equipment makers since August.
(China Daily 02/08/2013 page19)
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