Quotes of the Day

A worker prepares for the upcoming 16th China International Boat Show at the Shanghai Exhibition Centre on April 12, 2011 in Shanghai, China.
Friday, May. 13, 2011

Open quotePeople in China first will buy houses. Then cars. Then the next step will be the yacht industry.Close quote

  • SAMUEL WONG,
  • owner of a shipyard in the southern Chinese city of Zhuhai; he is among those who have expanded into making luxury yachts in the hopes of benefiting from China's booming economy and growing upper class
Photo: China Photos/Getty Images | Source: AP