Quote

We need the Chinese to - you know, spend more, save less - consume more and not be so focused on exports. There are big changes we need in the world.

China is an area where we need to be present. Lots of companies want to supply their products to China.

Globalised manufacturing and procurement mean that a lot of high-polluting, heavy duty jobs are transferred to China. We will ask major companies, such as Wal-Mart, Microsoft and IBM to put pressure on their Chinese suppliers.

I have often said China is not lacking in material resources. The question is whether we can make full and good use of them.

Well, as you've said, we cannot expect the people of China not to want to progress, so if you have an opportunity to progress, to develop your economy to a world class economy, it's an aspiration that is natural and that, I welcome.

China should be developing through the various foreign investments it receives. I hope for its level-headed and rational understanding that anything to discourage that is a disservice to itself.

If China wants to be a constructive, active player in the world economy, it's got to respect intellectual property rights or it makes it pretty impossible to do business with them.

In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.

Until the Chinese decide to compete fairly it will be up to us to do what we can to further protect our manufacturing base, and ensure we keep the good paying jobs we already have.

Chinese growth will either be strong or very strong. They have a voracious demand for energy that will only continue to grow. What they're doing... is looking at all forms of energy. They're going ahead very strongly with coal, nuclear, oil, natural gas.