Quotable

"The iPhone X is very impressive, but it is by no means a mass market product in China. It is targeting a very, very high-end segment."

JIA MO, an analyst at global consultancy Canalys

"We are going to integrate more steel companies to obtain an advantageous scale effect."

CHEN DERONG, general manager of China Baowu Steel Group, China's largest steelmaker

"In coming to invest in Africa, one should have a thorough understanding of the local labor and employment policies. ... The biggest thing lies in how we, the Chinese, can build it into a local company and adapt to local conditions. And this may need a change of mindset as well as practice."

LI XINGXING, executive vice-president of BAIC International Development

(China Daily European Weekly 09/15/2017 page24)