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Feeling the Optimism, Begging and Choosing

“Being here makes you feel you have more optimism on the way things are going to develop,”

Newedge Group trader, Charles Han

MarketWatch

 

“With its responsibilities for providing a broad range of services for a mixed socialist economy, it is surprising how small China’s budgetary footprint actually is […] Beijing has been using the financial system to fund public expenditure needs – many of which are not commercial in nature and would normally be undertaken through the budget”

Yukon Huang, Senior associate at the Carnegie Endowment and a former country director for the World Bank in China.

Financial Times

 

"When we are striving for development, we cannot be choosers—we have accepted what is best for the country,"

U Kyaw Hsan, Myanmar’s information and culture minister

Wall Street Journal

 

“China should learn to use this to protect its political interests. Any country which chooses to be a pawn in the US chess game will lose the opportunity to benefit from China's economy.”

Excerpt from an editorial in Friday’s People’s Daily, as the U.S. and China compete for influence at the ASEAN Summit in Bali

People’s Daily

 

"As we end today's wars, I have directed my national security team to make our presence and missions in the Asia Pacific a top priority"

U.S. President Barack Obama

Reuters

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The Economic Observer's editorial staff are always on the look out for interesting, fresh and high-quality China-related content. Whether it's the latest buzz on Weibo, links to insightful articles or updates on the latest books and reports, through China Buzz we'll keep you in the loop about what's going on in the world of Chinese politics and economics.

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