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People's Daily Online>>Opinion

Zero-sum mentality should be ditched

By Yu Hongyuan (Jiefang Daily)

08:03, November 25, 2011

Edited and translated by People's Daily Online

The Asia-Pacific region has been the world's fastest-growing economic region since the 2008 global financial crisis. As the world's economic center of gravity is steadily shifting to the Asia-Pacific region, many countries are already shifting their diplomatic focus to the region.

Some examples include America's high-profile "return" to Asia, Japan's participation in the Trans-Pacific Partnership (TPP) negotiations and relatively frequent regional gatherings, such as the APEC Summit, the G20 Summit and the East Asia Summit. Although the economic cooperation between the Asia-Pacific region and the rest of the world enjoys bright prospects, certain inharmonious factors persist. Certain officials and scholars with the outdated zero-sum mentality have repeatedly made irresponsible comments about "choosing sides between China and the United States."

The Asia-Pacific region is now at the center of the competition among major powers, and the entire world is paying close attention to changes in the influence and resources of China and the United States. From the perspective of the zero-sum mentality, it seems that the United States should see China's economic development as a threat to its power and security, and that the purpose of Japan and South Korea participating in the TPP negotiations is to counter China's threat.

At the same time, there is a growing tendency among developed countries to politicize economic issues. They exaggerate the economic progress of China and other emerging countries, while deliberately ignoring the important contributions emerging countries have made to the healthy development of the international financial system as well as the global economic growth.

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  1. Name

fzfQjbmnFqDQxFu at 2012-01-24166.127.14.*
A wonerdful job. Super helpful information.
Todd at 2011-11-26108.32.204.*
Zero sum is what caused China"s economic prosperity. Why would a country want to outsource their jobs to another country and raise their unemployment rate? I say mercantilism! (juche!)
helen at 2011-11-25203.82.92.*
China must continue to expand its economic co-operation and investments in Asean despite the fact that the militarised politics in the United States is trying to undermine and sabotage China efforts.All bilateral trades should be in non-US$. This way China can help sovereign nations to lessen the dependence of US$ and promote a new World Reserve Currency ....Economics is the language most understood by majority of Asean countries. And that is the only way to anchor oneself there.In the meantime, it may be prudent for China to implement its own economic transformation for the next one or two decades .....
  

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