| 1 | Not all Chinese companies are state-directed. | |
| 2 | This can be read more broadly as a call to arms. | |
| 3 | China is a surplus country; so is exporting powerhouse Germany, and in the eurozone, that makes Mrs Merkel the one who has to be obeyed. | |
| 4 | On the other, the mellow vocals of handbells floating over, the calls of the conductor directing others partaking in this ancient art. | |
| 5 | The banks are run by bureaucrats who are all party members and serve at the behest of the regulators. |
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