Notable China-related quotes from the last week:
Tim Condon, head of Asia research in Singapore for ING Groep NV, on recent activity in Chinese stock markets:
“Credit tightening isn’t going to crash the economy. It’s taking investors a little time to get their heads around this fact.”
Analyst Paul Keung of Oppenheimer & Co. on the real estate market in China:
"The pace (of China’s housing market) in the second half will continue to grow, just at a slower rate. We’re going from 50% growth to 30%, not 50% to zero."
The "Regulation for the Protection of Minors of Heilongjiang Province," adopted by the provincial legislature last month:
"Parents and other guardians should reprimand and educate children who are minors when they are involved in misconduct and unlawful acts including puppy love, illegal cohabitation, drug use and prostitution and should prohibit and rectify such misconduct and unlawful acts."
Qu Yuping, a professor of psychology at the Shanghai University of Traditional Chinese Medicine, on why Shanghai women are becoming more selective about who they date:
"Just like how there is now a greater selection of clothes and food in the city, Shanghai girls also have more opportunities to choose from since there are more foreigners. At the same time, the way Chinese men are now packaging themselves has also improved, and they are not necessarily seen as so much worse off than a foreigner."