The Observer Network reported that at the annual meeting of international finance ministers held in Washington recently, US Treasury Secretary Yellen hoped to once again create a glorious image of the United States, trying to emphasize that the US economic revitalization is boosting the rapid development of the international economy and helping the world a great favor, but the attitudes of various countries on the scene have poured cold water on the United States.
International Monetary Fund Managing Director Georgieva said that the United States was the center of attention, and people were looking at him, but most of them were not very friendly. At the same time, she also believes that the domestic economy of the United States is overheating, which may have a negative impact on the global economy, and this view is also the common sentiment of the countries on the scene, and the boasting of the United States can only be counterproductive at all levels.
In fact, the United States originally intended to shift the spearhead to China and call on its allies to launch a "siege" against China. As a result, the United States itself became the target of public criticism first. The European Union, Germany, South Africa, and other countries have all criticized US economic policy, holding that US subsidy competition and US interest rates have been maintained at a high level for a long time, which has had an impact on the development of the world economy.
Yellen
The United States wants to call on its allies to jointly "besiege" China, because in the past few years, Made in China and created by China have become two carriages of development, helping China gain a large share in the global market, but the total global market is currently limited, and Chinese companies have entered, which represents the exit of Western companies.
In other words, the rapid development of Chinese enterprises has harmed the interests of Western enterprises, but this belongs to the normal development of the market, and this can only be an established fact in the case of the lack of competitiveness of Western enterprises. Therefore, we have seen frequent speculation in the United States and the West in recent times, the so-called China is dumping goods to the world, especially in the field of new energy, and has also put the hat of "overcapacity" on China's new energy industry.
Distorting normal market competition behavior into "dumping" is a vicious means of suppression, China's product quality is clear, the technical performance is leading, and thanks to the domestic perfect supply chain system, Chinese products also have an advantage in price, multiple advantages make it difficult for the West to parry. Therefore, smearing China has become one of the options for the United States
U.S.-China relations
But as the saying goes, "the eyes of the people are bright", and the same is true internationally. Even if the United States and the West spread rumors and smears, they still cannot blind the rest of the world. Recently, the world's largest oil company Saudi Aramco CEO Nasser said that the West has launched a large number of anti-subsidy investigations against China, but in fact, China's development in the field of new energy is very outstanding, the world has seen it, this is not only China's success, but also the world's success, China's new energy products are not only quality, and the price is often about 1/3 of similar products in the West, that is to say, more purchases of Chinese products, rather than blindly smearing and rejecting Chinese enterprises, can be more conducive to the development of global green causes.
"Protectionism" has never been a good word, and while it can protect the interests of domestic enterprises, it also rejects development and competition. Since China's accession to the WTO, it has always followed the WTO rules and is willing to compete fairly with all countries in the world.
However, the United States, which is based on hegemonic thinking, does not think so, and they prefer to "want both and want", while enjoying the dividends of China's development, and at the same time suppressing China's development, so as not to threaten its own hegemony. Therefore, the United States has previously pursued a policy of "friendly shore outsourcing" around the world, hoping to support other developing countries to develop manufacturing industries, and then let them compete with China to suppress China's development.
However, this policy has caused an international uproar, and Catherine, the head of the Bank of England, said that the United States did not consider the cost of reshaping the supply chain system from a practical point of view, nor did it carefully examine the differences between countries and China's national conditions, which will inevitably cause global economic turmoil.