Western media's "China solo show" theory ill-disposed compliment

07:59, June 21, 2010      

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Western media have fabricated in recent years a number of bizarre theories on China, including the much-hyped theories of "China threat" and "China responsibility."

A new theory of the "China solo show" have frequently emergered in Western media reports recently, which indicates China has been the biggest winner in the global financial crisis while Western economies have been confronted with grave difficulties.

However, analysists said the advocators of the "China solo show" theory, which seems to be some kind of compliment to China, is in fact to press China to undertake more and improper international obligations and to sway the relations between China and other countries, particularly developing ones.

On the one hand, China is not the only country that maintained high speed of economic growth.

In a recent interview with Xinhua, Brazilian economist Marcos Cintra said some developing countries, not China alone, have reached higher economic growth than other countries in the world due to proper revenue and monetary policies, which helped them avoid serious impact of the global financial crisis.

Cintra said, for example, Brazil realized a rare 9-precent year-on-year increase in the first quarter of this year. India and China also witnessed relatively a high growth rate.

Justin Yifu Lin, the World Bank's Chief Economist and Senior Vice President, echoed the view that China is not the only developing country that has achieved a high growth rate.

China had a good performance on its economic development, so did India, Brazil and Nigeria, said Lin.

On the other hand, the measures China launched to deal with the crisis have also helped recovery of other economies.

Cintra, who has long paid attention to China's development, said China imported a large number of parts from Asian countries and regions although it has a self-sufficient industry, which not only boosts the development of China but also brings along regional development.

In fact, China, which suffered a lot during the global financial and economic downturn, also faces a number of challenges on future development.

Lin said developing countries including China have suffered negative impacts during the financial crisis. China, whose economy was expected to reach a 10-precent more increase last year, only reported a 8.7-percent growth.

Jonathan Holslag, head of research at the Brussels Institute of Contemporary China Studies (BICCS), said China's economic development has made huge progress in the past decades.

However, China's economic progress in the past is mainly a "quantitive leap," Holslag said, adding it will be a tough task for China to realize "qualitative" stride in the following years' development.

Vladimir Portyakov, head of the Center for Prognosis of Russia-China Relations and deputy director of the Far East Institute in the Russian Academy of Sciences, holds a similar point of view.

The financial crisis has not only affected China's growth rate but also raised an alarm to the development model, Portyakov said, adding China has realized that it's an urgent need to change the pattern of development.

The Russian expert pointed out that Chinese economy has increasingly engaged with the international market with a rising demand for foreign resources and markets, which is a double-edge sword.

On the one hand, other countries and regions introduced Chinese capital in a bid to help realize their recovery; on the other hand, more and more countries raised tariffs over Chinese goods and anti-dumping investigations against China have increased.

This is the challenge China is faced with in the international market, said Portyakov.

On the intention of raising such a theory of the "China solo show," Portyakov said, "I feel that many governments just envy the success of China. They tried to blame China and the Chinese government for their own failures in anti-crisis measures and other domestic problems."

Whenever something went wrong in the global economy, and whenever someone had to shoulder international obligations, the West would always point fingers at China, Portyakov said.

Claims that China's economy develops at the expense of other countries are fabricated to pressure China into undertaking more international obligations, he said.

"As China has been emphasizing, it cannot bear burdens beyond its actual capabilities," Portyakov said.



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