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Quoted in article “Why China matters”

CNNMoney.com

Following is an excerpt:

Last year, it surpassed Japan as the world's second largest economy. If American businesses were hesitant to invest in China before, they're much less so now, said Thomas Stiebel, a partner with international law firm Quarles and Brady.

"There was always some skepticism about China. No one really believed it, that China is developing into this economic powerhouse," he said. "But with China coming through the recession as strong as it did, there was this awakening that China is for real."

Originally published in CNNMoney.com on January 18, 2011

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