Hubertus von Gruenberg, chairman of ABB Group, on the high cost of housing in Beijing:
"There is no value in building one of the world’s most desirable cities if working people cannot afford to live in it."
A Beijing student on ramming peers’ crotches into trees, a prank known as ‘sawing’:
"If I’ve just quarreled with a guy and want to break the ice with him, I just go up and join the others in sawing him … The moment we get back on our feet, we become good friends again. That’s how magical it is."
Lindsey Graham, a US Republican Party Senator, on US demands for China to raise its undervalued currency:
"You will be amazed by the bipartisan support we have when it comes to insisting that China stop currency manipulation."
Zhu Xinli, president of Huiyuan Group, on Chinese competition:
"The most notable characteristics of this era are competition and cooperation, but while we are competitors today, tomorrow we could be partners."
Terry Gou, CEO of Foxconn, on liability at his company:
"If a worker in Taiwan commits suicide because of emotional problems, his employer won’t be held responsible, but we are taken to task in China because they are living and sleeping in our dormitories."
Jim Walker, founder and managing director of research house Asianomics, on China’s export numbers:
"The export numbers were pretty amazing. But they were quite fanciful to be quite honest, because if you look at every other country’s import numbers, where are these exports going?"
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