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China buzz

Foreign Ministry spokesman Ma Zhaoxu on accusations, purportedly from a new book by former US Treasury Secretary Henry Paulson, that China and Russia conspired to dump US bonds:

"We have not seen Mr Paulson’s memoir."

Chang Boyang, a lawyer in Henan, on the hospital push to use ethanol tests for measuring blood acolohol levels:

"The RMB14 ethanol test is enough for the police to make a decision; the expensive test that costs RMB400 is more like a trick to earn money."

Paul Hussey, CEO of Strix, the UK company awarded damages by a Chinese court over patent infringements by local firms:

"The case is only one piece of a large jigsaw. It does good for everyone: our company, Chinese investors, consumers and even the global community."

The State Administration of Foreign Exchange on claims that hot money inflows might have hit US$167 billion in 2009:

"[This method] is not scientific and its conclusions are misleading."

Xiao Han, professor at Peking University School of Law, agreeing that academic pay shouldn’t be based on research quality:

"The management of universities is too feudal; the bureaucracy is intense."

Nicole Yuen, head of UBS China Equities, on the bank’s decision to end its QFII rental facility:

"We want to be cleaner than clean, on our best behavior."

Xiao Rong, whose house will be dismantled because it is categorized as dangerous and aged:

"In 2005, the house was constructed and we moved in. Why only now does it become dangerous and aged?"

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