The intensity of the Sino-U.S. rivalry continues to escalate. US President-elect Biden also believes that China is the most important competitor of the United States. British and Japanese research institutions have coincidentally predicted that China’s GDP may surpass the United States in 2028 and become the world’s largest economy. However, the mainland “Global Times” editorial believes that it is necessary to be wary of Western “facilitation.”
The so-called “fat” means excessive praise or flattery, making the touted person proud and complacent and stagnating and regressing.
A report issued by the British Center for Economics and Business Research on Saturday stated that China’s economic aggregate will surpass that of the United States by 2028. The report believes that the new crown epidemic and related effects have led to a favorable Sino-US competition situation for China. Coincidentally, on the 10th of this month, the Japan Economic Research Center also made a prediction that China’s GDP will surpass that of the United States as early as 2028.
“China is super beautiful ahead of time? Not a good thing.”
However, the Global Times, a subsidiary of People’s Daily,’s “China’s super-American ahead of schedule? It’s not a good thing” to pour cold water on this expectation and point out whether the Sino-US GDP comparison will evolve as predicted by the British and Japanese think tanks. There are many uncertainties.
In fact, HSBC and other institutions even had forecasts in the past few years that “China’s GDP will surpass the United States in 2025.” Later, China’s economic growth slowed, which changed people’s expectations. The editorial therefore reminded:
After hearing the claim that China’s GDP will surpass that of the United States in eight years, the first reaction of many Chinese people is to be wary of “to kill”.
The editorial speculated that the report issued by the British Economic and Business Research Center meant to sound the alarm that “China is accelerating the rise” to the United States and the Western world, with the purpose of stimulating and encouraging the United States and Western societies to “act” to contain China.
The Global Times pointed out in its editorial that China’s GDP will surpass that of the United States sooner or later, just as India’s GDP will surpass that of Japan in about 10 years. It is a trend of the times; but it is expected that the United States will invest in the entire 1920s. A lot of energy to obstruct China and undermine China’s development, all of which will surely lead to increasing costs for China’s continued development.
In this context, the editorial pointed out that China should pay attention to two things:
So first of all, we cannot be fooled by Western predictions that China’s GDP “will accelerate to surpass the United States.” We must not go smoothly, thinking that China’s next economic growth will be smooth, and underestimating the risks in the next economic field.
Second, it is very important to remain strategically humble. A group of elites in the United States and the West hope to promote a strategic collision between China and the United States that has the meaning of a “decisive battle.” China must resolutely avoid such collisions in the next few decades and drag down the conspiracy and ambition of those people.
The editorial emphasized that the US system determines that it is very difficult to mobilize for a full-scale confrontation with other major powers. As long as China does not provide sufficient reasons for it to do so, Washington will not be able to close the door to extensive Sino-US cooperation alone.
Boasting the rise of China, encouraging Western society to increase containment
The Global Times also stated that as long as China and the United States maintain peaceful relations and do not engage in a full-scale cold war, China will continue to grow faster than the United States due to its great development potential and low social internal consumption rate for a long time to come. It will be what the ultra-right elites in the United States are most afraid to see. The editorial finally said:
Therefore, let British think tanks take the forecast that China will surpass the United States in terms of economic aggregates by 2028 to play for themselves, no matter what their original intentions are. We must remain unmoved and not let some meaningless comparisons lose ourselves. We can only maintain the spirit of diligence and governance for a long time and take solid steps forward every year.
Fortune Global 500 companies 124 Chinese companies top the list, surpassing the United States
[Sino-U.S. wrestling]U.S. think tank report questioned that China’s economy will surpass the U.S.
Editor in charge: Deng Guoqiang
Follow up[China-US wrestling]new situation, immediately understand
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