Notable China-related quotes from the last week:
Amar Bhidé, a visiting scholar at the Harvard Kennedy School of Government and author of The Venturesome Economy, on Chinese consumerism:
“It’s much easier to set up a Nike factory than to get the average consumer to buy and use fancy sneakers.”
Inez Tenenbaum, chairwoman of the US Consumer Product Safety Commission, on contaminated drywall imports from China:
“Our ports are on alert. They are not letting any in. The market, too, has corrected. No one wants Chinese drywall.”
Han Kook Hee, an analyst at Mirae Asset Securities, on Lotte’s strategy for expansion in China:
“Lotte has a small presence in China and it needs the scalability to bolster sales from the current level of operation. The first step is to expand through acquiring a hypermarket brand as it takes very long to build a franchise in China.”
Nie Yongfeng, a waste management expert at Beijing’s Tsinghua University, on rural landfills:
"Trash was never complicated before, because we didn’t have supermarkets, we didn’t have fancy packaging and endless things to buy. Now suddenly, the government is panicking about the mountains of garbage piling up with no place to put it all."
You must log in to post a comment.