Chinese Vice President Li Yuanchao speaks at a special session at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 21, 2016. World leaders are holding a flurry of diplomatic meetings at the World Economic Forum and worried CEOs are debating about how to deal with this year's volatile markets and low oil prices.(AP Photo/Michel Euler)
The Associated Press
DAVOS, Switzerland (AP) - Worries over China's economic future have dominated many of the talks at the World Economic Forum in Davos, Switzerland. Here are some of the top quotes of the day.
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"China has the confidence and capacity to maintain medium to high growth."
-Li Yuanchao, Vice-President of China, on how the government will support the economy while it shifts its focus from manufacturing toward more consumer spending.
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"There is a communication issue."
-Christine Lagarde, managing director of the International Monetary Fund, on the trouble China has had in telling investors how it intends to manage financial markets.
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"The real question is: 'Are they prepared to follow through on an agenda they charted out?'"
-US Treasury Secretary Jack Lew on China's promise to make its markets more open and reform its economy.
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"There are no loose cannons that are going to be running China ... The commitment to market reforms is a very real commitment."
-Ray Dalio, chairman of investment firm Bridgewater Associates, on the dedication of the Chinese leadership to modernize their markets and economy.
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"The sea is rough but we've got to ride it."
-Sri Lankan Prime Minister Ranil Wickremesinghe on how China's slowdown is affecting the rest of Asia.
Chinese Market Regulator Fang Xinghai, right, speaks with Managing Director of the International Monetary Fund Christine Lagarde, left, during a panel session at the 46th Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 21, 2016. The overarching theme of the meeting, which takes place from 20 to 23 January, is "Mastering the Fourth Industrial Revolution". (Laurent Gillieron/Keystone via AP)
The Associated Press
Chanda Kochhar, Managing Director and Chief Executive Officer of ICICI Bank, left, speaks as Sri Lankaâs Prime Minister Ranil Wickremesinghe listens during a debate hosted by the Associated Press âRegions in Transformation: South Asiaâ at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 21, 2016. The debate focused on the future of South Asia and the global trends and national priorities that are affecting its transformation. (AP Photo/Michel Euler)
The Associated Press
Chinese Vice President Li Yuanchao takes a bow as he arrives at a special session at the World Economic Forum in Davos, Switzerland, Thursday, Jan. 21, 2016. World leaders are holding a flurry of diplomatic meetings at the World Economic Forum and worried CEOs are debating about how to deal with this year's volatile markets and low oil prices.(AP Photo/Michel Euler)
The Associated Press