"The sycophantic responses of AI chatbots, offering unconditional understanding and casual reassurance like ‘it's not your fault,' can give adolescents superficial validation and emotional gratification, trapping them in false intimate relationships and cognitive feedback loops. Spoiled by algorithms, teenagers may develop a gradual attachment to virtual confidants without parents noticing, which can distance them from real emotional connections or make them more self-centered."
Zuo Wei, columnist for news portal guancha.cn, talking about AI's negative impact on minors on June 1, International Children's Day
"In the new phase of China's economy, enterprises' expansion into international markets is inevitable. It's a result of technological progress, industrial upgrading and global demand, rather than simply internal economic imbalances or short-term policies... To address these imbalances, we should not simply focus on curbing exports, but instead emphasize optimizing imports, improving trade structure and adjusting global economic positioning."
Liu Yuanchun, president of the Shanghai University of Finance and Economics, on China's trade surplus in a May interview with news portal The Paper
"JD.com will not lay off any frontline employee displaced by machines. JD will strive to minimize the impact of new technologies on blue-collar workers and their families."
Liu Qiangdong, CEO of JD.com, in an internal speech
"Compared with the domestic market, brand building in global e-commerce is still in its infancy. Consumer demand for branded products in different overseas markets has not been fully met, leaving more room for growth across categories. Through Pinmu's self-operated model, we aim to systematically cultivate a group of internationally influential brands and drive the comprehensive upgrading of supply chains."
Chen Lei, co-chairman and co-CEO of Pinduoduo, explaining the launch of its brand Pinmu for the global market in March
"Chinese firms make their way to the top not on subsidies, but through market competition, tireless innovation, global presence and the advantage of China's mega-sized market. China's industrial subsidy policy is based on openness, fairness and compliance, and strictly within WTO rules. Industrial subsidies are commonly used worldwide. What matters is whether they comply with WTO rules. We hope the international organization will play a constructive role rather than the other way around."
Mao Ning, spokesperson of China's Ministry of Foreign Affairs, speaking at a regular press conference on June 3, responding to an OECD report that claims 52 percent of global subsidies in 2024 came from China and that large and persistent industrial subsidies can distort global markets
"If rural pensions are raised to 600 yuan (US$87) a month and further increased to 1,000 yuan (US$145), then from a macroeconomic perspective, the boost in consumer demand could increase GDP growth by about 0.8-1 percent for the year."
Liu Shijin, former deputy director of the Development Research Center of the State Council, in a May interview with a Tencent financial news program
"Yuan-denominated assets available to overseas investors remain limited, mainly covering bonds (such as dim sum bonds and panda bonds) and a small number of equities. The lack of long-term risk-hedging tools has, to some extent, constrained overseas investors' willingness to hold more yuan assets."
A recent article on yuan internationalization by CF40 (China Finance 40 Forum)
"Who has granted Japan such sovereignty? Who recognizes its sovereignty over these waters? Without legitimate sovereignty, how can Japan delimit maritime boundaries with other countries and regions based on waters and islands it does not own? Therefore, we oppose not only Japan's attempt to conduct unauthorized maritime demarcation with the Philippines in relevant waters, but also its absurd pretence of holding sovereignty over the Ryukyu Islands."
International affairs expert Gao Zhikai (Vitor Gao) on Japan-Philippines maritime delimitation discussions in an interview with news portal guancha.cn on June 5
Old Version
