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China Daily | Updated: 2013-01-18 11:21
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"But I do think that the Chinese auto manufacturing industry has a pretty good chance to usher in some new technology."

Phil Popham, Jaguar Land Rover's director, saying that the automaker is looking forward to further expanding in the Chinese market, the company's biggest.

"It is likely there will be some move (in increasing the quota) within this year."

Ivan Chung, Moody's senior analyst, predicting that the quota of overseas capital in China's domestic A-share market will gradually grow instead of exponentially rise. China's top securities regulator recently allowed a big increase in the quota.

"With rates of duty like this, it's impossible for the products of Chinese wind tower manufacturers to enter the US market."

Zheng Kangsheng, secretary of the board of Titan Wind Energy (Suzhou) Co, saying the company will now attempt to expand its market to Europe, the Asia-Pacific region and Africa to offset expected losses in the United States. China's new-energy sector faces an uncertain future after the US imposed strict import tariffs and as its demand for equipment dwindles.

(China Daily 01/18/2013 page14)

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