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What they say

WHAT THEY SAY?

Parents of each generation bear the imprint of their time, and how parents keep up with the times is a global issue.

By NewsChina Updated Aug.1

Parents of each generation bear the imprint of their time, and how parents keep up with the times is a global issue. Children grow from copying their parents, and then shape the future of human society.  

Columnist Guan Xin writing for news portal guancha.cn on June 1, calling “parental self-improvement” the most meaningful gift for International Children’s Day

“Although tariffs have been lowered, the US is unlikely to halt its efforts to decouple in certain areas... The ‘small yard, high fence’ strategy is expanding to cover more products, not only hightech sectors where China is striving to catch up, such as semiconductors and AI, but also basic industrial goods like steel and aluminum, as well as essential items related to public welfare, such as medicines.”  

Huang Hanquan, director of the Chinese Academy of Macroeconomic Research, warning in an interview with financial news outlet Caixin that decoupling risks between China and the US still persist in key sectors

“The Trump administration threatened to impose varying levels of tariffs on allies and rivals alike, while aggressively weaponizing the dollar’s global privilege. These coercive tactics shook international confidence in the dollar as a safe haven and exposed the fragility of the dollar-dominated global monetary system.”  

Shen Liantao, distinguished fellow at the Asia Global Institute at the University of Hong Kong and former chairman of the Hong Kong Securities and Futures Commission, speaking at the 2025 Caixin Summer Summit in June

“Returning the world to a path of globalization requires more than simply reviving the liberal order or continuing on the current populist trajectory. Neither model will succeed. Only the creation of a new international leadership framework offers a viable way forward.”  

Yan Xuetong, honorary dean of the Institute of International Relations at Tsinghua University, in a June 3 interview with news portal The Paper

“Fundamentally, algorithms aren’t controlled by IT professionals, but by experts in electricity, infrastructure, coal, pharmaceuticals and other sectors... In practice, China is rapidly adopting AI in manufacturing, and many Chinese models are expected to emerge from that.”  

Ren Zhengfei, founder of telecom firm Huawei, in a People’s Daily interview published on June 10

“Consumption and investment are often seen as a trade-off in the short term, but in the long run, they complement and reinforce each other... Ultimately, the choice is between consuming now or consuming less now in order to consume more in the future.”  

Yu Yongding, academic committeeman at the Chinese Academy of Social Sciences, speaking at the 105th China Macroeconomy Forum held by the Renmin University of China in Beijing in late May  

“Cryptocurrency has evolved from a marginal tool for money laundering and speculation into an emerging mainstream asset class for large-scale institutional investors. It is now an integral part of the global financial ecosystem.”  

China Finance 40 Forum Institute, citing researcher Zhong Yi in an article published on its official WeChat account in June  

“Don’t let capital distort business logic by chasing short-term rise of market value and stock prices through price wars. Otherwise, when capital exits, the industry will be left a hollow shell, having lost money for publicity, and the pace of overseas expansion will also stall.”  

Party newspaper the People’s Daily warning on June 1 against a new round of price wars among Chinese carmakers

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