Reference News Network reported on March 17 that the website of Bangladesh's "Lightning" newspaper published an article written by Damsana Ranadehiran on March 16, entitled "The West's attempt to slander China's economy is an outdated political trick", compiled as follows :
China's emergence as the world's manufacturing powerhouse has been praised by some global observers and criticized by others.
While China's industrial might underpins many of the world's economies, Western countries often resort to outdated political tactics to discredit its economic achievements.
Although China has achieved remarkable success in providing high-quality goods at competitive prices and played a key role in supporting the global economic recovery after the COVID-19 epidemic, it remains the target of unfounded accusations from the United States and its allies.
This recurring pattern of denigration reflects a political tradition of scapegoating China while conveniently ignoring its enormous contribution to global prosperity.
U.S. President Joe Biden and Treasury Secretary Janet Yellen have both made disparaging remarks, calling the Chinese economy a "ticking time bomb" and a "danger to the U.S. economy."
Such remarks claim that China's economic strategy is speculative and unsustainable, and ignores the actual progress China has made in poverty reduction, job creation and sustainable development.
Recently, surrounding China's goal of growing gross domestic product (GDP) by about 5% in 2024, many Western media have expressed doubts about the country's ability to achieve its goal.
However, China’s resilience in dealing with economic challenges and its commitment to inclusive growth and innovation are downplayed in these narratives.
Critics often warn that China's manufacturing industry could collapse, with catastrophic effects on global production and consumption.
However, statistics highlight the key role played by China, which accounts for more than 28% of the world's manufacturing value added, surpassing the United States.
In addition, China's GDP will grow by 5.2% in 2023, exceeding expectations in the context of increasing global uncertainty, proving that its economic governance is effective.
Contrary to Western narratives, China’s economic strategy prioritizes human-centered development, environmental sustainability, and innovation.
The government's proactive measures to enhance risk management and control capabilities demonstrate its determination to address unforeseen challenges and promote long-term stability.
Looking to the future, China's economic growth momentum remains strong.
There are predictions that China will continue to contribute to global growth.
The International Monetary Fund's World Economic Outlook report predicts that global economic growth will maintain an upward trend, with China playing a key role as the largest contributor in 2024.
Western politicians’ continued attempts to denigrate China’s economy stem from a narrow worldview that sees China as an ideological rival.
However, such attempts to distort facts and sow discord are wrong and will ultimately be counterproductive.
China's resilience in overcoming adversity and its unwavering commitment to sustainable development are testament to its economic strength and global leadership.
The West's attempts to tarnish China's image through outdated political rhetoric are not only misleading, but also reflect on a larger scale its unwillingness to recognize China's legitimate contribution to the global economy.
As China continues to chart its path toward prosperity and innovation, the international community should pursue a nuanced and constructive approach to its engagement with the world's second-largest economy.
(Compiled/Qiu Fang)