China’s Olympic gold medalist Liu Xiang smashed the 110-meter hurdles world record on July 12, setting a time of 12.88 seconds, 0.03 seconds faster than the previous mark, which had been shared by Liu and British sprinter Colin Jackson.
　　The record was set at the super grand prix meeting in Lausanne, Switzerland, which Liu believes is a “l(fā)ucky place.” It was also in a grand prix meeting in Lausanne in 2002 that Liu had his first victory, where he broke Renaldo Nehemiah’s world junior record, which had been held for 24 years.
　　Liu noted that ever since the Olympic finals in Athens in 2004, he knew that he could do better, as did his coach, Sun Haiping. Sun attributed Liu’s success to an integrated set of reasons: the agreeable weather in Lausanne, the sound racing conditions and atmosphere, and the satisfactory accommodations and food provided by the organizing committee. More importantly, American sprinter Dominique Arnold, who reached the finish line right after Liu, was a great stimulant for Liu, Sun said, adding that the stronger his rivals are, the better Liu performs.
　　This victory was considered the most meaningful gift for Liu’s 23rd birthday, which came two days after the record was set.
　　“The outstanding achievement made by Liu Xiang has earned great honor for his motherland and all Chinese. It is also an enormous encouragement to all Chinese athletes who are preparing for the 2008 Beijing Olympic Games.”
　　
　　Congratulatory message from the Chinese Olympic Committee
　　
　　“The honor of being an Olympic champion and breaking the world record may have a negative impact on Liu Xiang. If all people believe that he must win the 2008 Olympic 110-meter hurdles, or that he will be the champion in the next Olympic Games, Liu Xiang will be under heavy pressure.”
　　
　　Feng Shuyong, official at China’s General Administration of Sport
　　
　　“The long-term India growth story is intact. Investors should continue to have confidence in the Indian economy. The markets are resilient.”
　　Indian Finance Minister Palaniappan Chidambaram, maintaining his forecast for 8 percent growth of India’s economy this year after the July 11 bomb attacks in Mumbai
　　“A yuan revaluation might prove meaningless because the real problem was that U.S. consumers were eager to buy low-cost Chinese goods. The U.S. has little to sell back to China but Boeing and beef, and that is something both China and the U.S. realize.”
　　Tao Dong, economist who specializes in non-Japan Asia at Credit Suisse, on China’s huge trade surplus
　　“We have agreed to seek a UN Security Council resolution, which would make the International Atomic Energy Agency-required suspension mandatory.”
　　French Foreign Minister Philippe Douste-Blazy, after a meeting of top diplomats of the five permanent UN Security Council members and Germany at which they agreed to refer Iran’s nuclear issue to the UN Security Council
　　“Our action is aimed at exchanging prisoners [in Israeli jails], we do not want to escalate the clash or drag Lebanon and the region into war.”
　　Lebanese Hezbollah leader Hassan Nasrallah, explaining his organization’s capture of two Israeli soldiers on July 12
　　“China’s strong external position provides insulation from external shocks and allows the authorities time to
　　introduce market-oriented reforms and restructure the banking system.”

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