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Default China’s Rise: To Fear Or Not To Fear? - 11-13-2011, 09:32 PM

China’s Rise: To Fear Or Not To Fear?

China’s Rise: To Fear Or Not To Fear? | China Digital Times (CDT)


Bloomberg View columnist Jonathan Alter reflects on a recent trip to China and attempts to diffuse fears of China’s rise by highlighting an emerging outlook of moderation expressed by Chinese experts as their nation asserts itself on the international stage:
I talked to a senior Chinese policy analyst about the new attitude. He had always heard that money talks, he said, but now it seems that all of China’s money still doesn’t let it get a word in edgewise at the International Monetary Fund and other global forums. He compared the U.S. to the Qing Dynasty, which he said had the highest GDP in the world but collapsed a century ago because it grew complacent and failed to reform. His critique of the U.S.’s failure to get its act together on issues like education and budget deficits was accurate, but startling in its intensity. We learn from you, he said, but you think you have no need to learn anything from us.
And yet like the other sophisticated analysts we met, he showed no sign of thinking the military can solve political problems. He argued that China has benefited so much from international institutions that it has zero interest in disrupting them or jeopardizing all its accomplishments by threatening world peace. Problems should be solved by lawyers, he says, not soldiers.
Happily for the world, the “other means” for extending politics has so far meant economic competition and integration, not Clausewitz’s war. Being vigilant doesn’t mean that we always have to assume warlike intentions on the part of other major powers. When China’s top general, Chen Bingde, visited the National Defense University in Washington in May, he quoted Franklin D. Roosevelt: “The only thing we have to fear is fear itself.”
That’s good advice for both countries.
Meanwhile, as Europe looks to China to bolster its rescue fund, Reuters reports that political winds in the EU have hindered China’s offer for aid in exchange for increased influence at the IMF:
China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organization, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.
The IMF route would have been the simplest diplomatically, especially after European Union leaders last month laid out a plan to leverage up the resources of its crisis-fighting fund through an IMF-backed investment vehicle.
But the sources in Beijing say that this option was abruptly closed to China when it became clear to EU politicians that any investment from China would be contingent on gaining a greater say in IMF decision-making and a more rapid path to inclusion of China’s yuan in the IMF’s special drawing rights (SDR) currency unit.
See also previous CDT coverage of China’s rise and its role in the resolution of Europe’s debt crisis
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Default 11-13-2011, 09:34 PM

China is rising, America is going down.
Thats a good news. cheers
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Default 11-13-2011, 09:36 PM

why would China ever foot the bill for the benefit of the West or the US? China like any nation only wants to own the EU. The EU has no choice but to submit to the East, and become slaves of their own making. They either collapse or accept Chinese ownership of their economy because the US (who need bailout themselves) can not help them now.

If this is any sign of how the Muslim world will be effected, then note that recently, Greece has had to kindly ask Iran for oil and have forgotten about he so-called sanctions in place.

The end of the West is as real as night and day. To be in disbelief will only make the bleak future of a Stone Age that the West will return to more shocking.

This is no ones fault. Had the West just bought oil at market price, they would not have collapsed like this.

So, it is best to understand that a new era is starting, and smart thinking nations will gravitate towards and benefit from ties with China, the new and and emerging superpower.
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Default 11-13-2011, 09:58 PM

because the west's financial stability is to the chinese's advantage. who do u think imports the majority of chinese goods? the economies are interlinked. its not that the west is getting weaker, its that china is just growing faster than the west. its all about the rate of growth.

if the western world collapses financially, china takes a huge hit.


There are people today who think that admitting God’s absolute greatness decreases the value and importance of humans in the creation, as if God and mankind are rivals competing in greatness and power. Meanwhile I feel that whenever our perception of God’s greatness increases, with it we become greater, because we are the creation of a great God.

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Default 11-14-2011, 01:20 AM

If Europeans and Americans are too poor to buy Chinese products, then how will the Chinese make money? Who will they export to? They still have to pay lots of money to import lots of materials to make things with. They can't stop doing that, because they need to keep their people employed. But if there aren't enough Europeans and Americans buying those things, then the Chinese are in deep trouble indeed.
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Default 11-14-2011, 01:35 AM

this argument can be made of any nation. What importance does any Western nation have? Who has been buying Western products? The fact is even China is at the mercy of OIL producing nations, and must toe the line of the emerging order taking shape from Tunisia to Egypt and throughout the region.

In regards to European consumers, China simply took advantage out of the individualistic policies of European and American companies in that these companies do not have the interest of their countries at heart at all. For example, Wal-Mart, an American cooperation does not care about American foreign policy or power, and only cares about their profits. For this individualism of theirs, they will always do business with China since they want to buy cheaper products and make a higher profit at retail.

The same applies to companies such as Apple Inc. For all the hoopla surrounding Steve Jobs as some American icon, he in fact was not called out for the actuality that Apple In had all their phones manufactured and assembled in China.

So the short answer to your question is as long as American and European companies operate on a policy of selfishness and greed, nations like China will always be in power. Will that ever end? NO, the West is known for theft and greed, and that in short is the reason for the complete financial collapse of their financial system which operates on unbacked money.

Is this good or bad? That is not the question nor the topic.

China will also collapse due to the rise of materialism and selfishness of businesses in their nation, but for the time being that seems to be controlled.


Greed always backfires.
China would collapse if they pursue the same meddling tone with the OIL rich nations, but I suspect they may know that such a tone is futile.

Last edited by thetruth; 11-14-2011 at 01:37 AM.
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