“The US judiciary values politics over facts and judges [China] on presumption of guilt. Is that American rule of law?”
Wang Wenbin, spokesperson for China’s Ministry of Foreign Affairs, at a press conference on October 30, on a recent report by Johns Hopkins University that the US launched an action plan in 2018 that imposed quotas on 94 local judicial departments to bring at least one lawsuit against China each year
“Despite impacts from the Covid-19 pandemic, China will see 2-3 percent GDP growth this year... As the government emphasizes its ‘dual circulation’ strategy, where domestic and international economies promote and supplement each other with the domestic one playing a leading role, China will still contribute 30 percent to the world’s economic growth and remain the country with the highest economic growth and fastest market expansion, offering entrepreneurs the best opportunities.”
Lin Yifu, director of the Peking University Institute of New Structural Economics, at the Lenovo Tech World 2020 forum held October 28-29
“The Chinese economy is resuming quickly, especially in exports, investment, industrial production and real estate where economic activity has returned to normal levels and even surpassed them. In other fields, resumption has gone very slowly and unevenly. Income and consumption growth for low- and middle-income groups is markedly slower than before the pandemic.”
Gao Shanwen, chief economist of Essence Securities, suggesting the government launch more economic stimulus policies targeting lower income populations, at the 2020 Bund Summit held by the China Finance 40 Forum from October 23-25
“The world’s leading museums all have a common problem: They only exhibit a fraction of their collections while opening the rest to researchers. It’s a waste and unfair to taxpayers.”
Li Dawei, a culture columnist for financial portal Caixin
“We should pay attention to the hidden risks of the global financial market that deviate from the real economy. Despite the global economic recession and weak resumption, the stock indices of some major countries are seeing record highs, with global stock markets, debt and currency markets and commodity markets experiencing rollercoaster-like fluctuations. The real economy cannot support the superficial prosperity of the international financial market.”
Zhou Liang, deputy director of the China Banking and Insurance Regulatory Commission, at the Annual Conference of Financial Street Forum 2020 held October 21-23