Hong Kong's Asia Weekly, September 9, original topic: The political effect of China-US economic reversal is the intersection of the Sino-US economy in 25? What are the political effects in the end? Will U.S. diplomacy with China change course? This is the suspense of global attention and the key in the run-up to the US election campaign. Although the mainstream media in the United States sang the praises of China's economy and painted a dark picture, it was slapped in the face by the latest economic professional forecasts. According to research by Morgan Stanley, an authoritative financial institution in the United States, China's economic growth rate will rise to 2023.5% this year, outperforming the United States and most Western countries.
The resilience of China's economy, not afraid of US sanctions, is a blow to the US authorities, and has also made US decision-makers reflect on whether they misjudged China. At the same time, there are also rumors in Washington that hawks from both parties in Congress want to organize a congressional delegation to Beijing. All this shows that the US political leadership should have more in-depth exchanges with China to ensure US national interests.
The American media sang down China's economy, but China's economic growth rate is much higher than that of the United States. Why is there this phenomenon of "short people laughing at tall"?
This is all because of the arrogance and prejudice of the US authorities and the media, thinking that under the strong sanctions of US chips, the sanctions of foreign trade tariffs, and the neck of the high-tech list, China will definitely slump and apply ideological filters to China's development, presenting a distorted portrait. As everyone knows, China's post-epidemic economic development is like a duck rowing, despite the US sanctions and various neck jams, but the internal cycle of the economy is very resilient, from private enterprises to state-owned enterprises have many ways to respond. And high-tech innovation is even more amazing. From Huawei's new mobile phone to the electric car boom at the Munich Motor Show, you can see the power of China's innovation. This has led the United States to discover that China is a different adversary, and that tough suppression will lead to the opposite effect.
China's infrastructure development is gaining momentum. The "pyrotechnic gas economy" of the Chinese people is very strong. American films have very good box office in China. Starbucks China and American brands such as McDonald's and KFC are also expanding strongly. The private economy is developing with high quality and creating many market breakthroughs.
The China that American businessmen see in China and politicians in Washington see is a completely different picture, Chinese the emphasis on increasing individual competitiveness has also led to the rising competitiveness of the country. This has led U.S. policymakers to discover that the U.S. national interest should not be to conflict with China, but to achieve mutual success and strive for a win-win situation.
The mountains and heavy waters have no way, and there is another village. The diplomatic game between China and the United States is backed by the economic strength of the two sides, and it is also related to international cooperation. Only when U.S. policymakers dream back at midnight can they find the focus of policy turns, so that Biden can be safely re-elected and protect the national interests of the United States. (Author's Edge)