Addiction to Growth is China’s ‘Berlin Wall’: Global Geographic Times, People’s Republic of China
Can President Obama persuade China not to be so dependent on growth, particularly trade-dependent growth? Likening Beijing’s obsession with growth to a Chinese version of the ‘Berlin Wall,’ Feng Mengyun of China’s state-run Global Geographic Times expresses his hope that President Obama can do something to talk the Beijing leadership into turning over a new leaf.
With some surprising criticism of the regime, Feng Mengyun writes for the Global Geographic Times in part:
“Prior to thirty years ago, the old Chinese model caused tremendous suffering. But an even graver sin would have been to stick with the system that caused such suffering.
“While [Chinese] exports stand at $1.7 trillion, domestic sales are only $860 billion. China’s trade deficit with the U.S. is $300 billion. This seems like a huge trade surplus, not to mention a contradiction. More difficult to fathom is how much foreign exports are responsible for China’s rise. Today, even with 20 percent of the world’s doors closed to trade, China unceasingly opposes trade protection and domestic unemployment is rising by the million. Is China capable of dealing with this?
“The unpredictable issue is China itself. Because rising growth has become China’s ‘Berlin Wall.’
“Obama’s ‘mutually beneficial’ thinking has already received widespread support in liberal countries, which is why the 2009 Nobel Peace Prize went to the first Black U.S. president. Since he arranged to visit China before going to Norway to collect his Prize, I hope while visiting China, Obama declares: ‘Mr. Hu Jintao, tear down this wall!’
By Feng Mengyun [???]
Translated by Jimmy Chow
November 16, 2009
People’s Republic of China – Global Geographic Times – Original Article (China)
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