Quotable

China is easing its monetary policy with quantitative measures, as it has typically done in the past."

Wang Tao, chief economist in China at UBS AG, commenting on the People's Bank of China's plan to expand its re-lending pilot program to nine more provinces and municipalities, as part of its efforts to lower financing costs and shore up economic growth.

"As a big market with about 1.36 billion consumers with rising purchasing and consumption power, it is still an attractive investment destination for goods, services and technical solution providers from abroad."

Tu Xinquan, deputy head of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, commenting on foreign capital flows into China. These rose 9 percent year-on-year to 584.7 billion yuan ($92.5 billion) during the first nine months of this year.

"Legal steps need to be taken to end the use of e-cigarettes in public indoor spaces and workplaces, and their sale to children should be banned."

The World Health Organization published a report urging a ban on the use of e-cigarettes indoors and called for tougher controls. The report concluded that there is little evidence that e-cigarettes help smokers to quit, and that they pose a "toxicant emissions" risk to nonsmokers nearby.

(China Daily Africa Weekly 10/16/2015 page18)