Quotable

Updated: 2013-08-09 09:23

(China Daily)

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Quotable

"We really regret the distress and anxiety which this issue could have caused. We totally understand there is concern by parents and other consumers around the world. Parents have the right to know that infant nutrition and other dairy products are harmless and safe."

Theo Spierings, CEO of New Zealand dairy giant Fonterra at the center of a milk powder safety scare, apologized on Aug 5 and pledged that all the contaminated material would be brought under control within 48 hours.

Quotable

"Through WeChat, any person or any business can get all kinds of valuable services in a much more convenient way."

Zhang Xiaolong, senior vice-president of Tencent, China's largest Internet company by market capitalization, when the company released its version 5.0 on Aug 5, allowing its WeChat users to make online payments.

"The downturn of an industry is inevitable, just like the chilly winter comes after a fruitful fall. We have shifted our focus from these two major markets (the US and the EU) to the emerging markets in the past two years."

Miao Liansheng, chairman of Yingli Green Energy Holding Co, saying that the company is eyeing new economies to reduce the risk from punitive duties and maintain stable development.

(China Daily European Weekly 08/09/2013 page14)