#精品长文创作季#
After Blinken's visit to China ended unhappily, the global media believed that Sino-US relations would deteriorate. At a time when the Western media are unanimously singing about China's economic development prospects, the Australian media has put forward diametrically opposed views.
In a recent report, a commentator on the Australian website "Pearls & Stimulus" pointed out that the White House elite not only seriously misjudged China's development ambitions, but also did not understand the objective fact that China is not afraid of the United States.
Why did this Western media, which strongly supports flower growers, come up with such a different view?
1. A strong Chinese economy
In the "Global Middle Class Survey Report" released by the Pew Research Center in the United States, China topped the global list with 707 million middle class in 2018, while the United States only has about 350 million middle class. Don't think of the Pew Research Center as a "shell version of Chinese media", public information shows that the Pew Research Center is an independent non-governmental investigative agency headquartered in Washington, D.C., USA.
It is important to note that the Pew definition of the middle class is not universal, which means that the income levels of the Chinese middle class and the American middle class are not the same.
According to the Pew Center's "definition of the middle class", if you live in a country with a median income of 3,000 yuan per month, then as long as your monthly income is in the range of 2,250 yuan to 6,000 yuan, you belong to the middle class.
Generally speaking, with the continuous expansion of the middle class, the growth force of domestic demand of the national economy will become stronger and stronger. In 2000, there were less than 40 million middle-class people on the mainland, but in the past 18 years, China's middle-class group has achieved a rapid growth of more than 17 times, and it is clear that China's economy is fully capable of meeting the challenges of the future.
If the middle-class data is not enough, the consumption growth in the first quarter is ironclad evidence of China's hard power.
According to statistics, the total retail sales of social goods in the mainland exceeded 12 trillion yuan in the first quarter, achieving a rapid growth of more than 4%. Take the auto industry, for example, as evidenced by how strong the recovery momentum of China's consumer market is.
In the first quarter, a number of car companies, including BYD, Geely, and Wenjie, sold a total of 6.72 million vehicles in the domestic market, a record high since 2019.
With their advanced new energy technology and intelligent driving experience, Chinese automakers have won unanimous support from consumers across the country. In particular, it is worth mentioning that the M9 topped the domestic luxury car sales list in the second week of April.
In the case of the United States' crazy suppression of China's new energy vehicles, our national car companies can still achieve such sales results, which is enough to show how strong the consumer demand of China's auto market is.
Many foreign media are hyping up the matter of "the United States threatens to kick China out of Swift", and it is obvious that the United States has no idea that it has the world's largest middle-class group and does not rely on the Western market at all.
Unlike China's economy, which is full of confidence, the US economy is being dragged into the abyss of no return by White House politicians.
Second, the United States, which is reckless in its military force
In the eyes of the Australian media, the United States, which has been constantly stirring up trouble in countries around the world, has not only put great pressure on its own economy, but also affected Australia and other allies.
Judging from the White House's approach, the United States has demonstrated a crisis of reckless militarism in at least three things.
First, vigorously provide assistance to Ukraine. The reason why the conflict between Russia and Ukraine has not been able to end is because the United States has been sending military products to the Russian and Ukrainian regions, and after already providing hundreds of billions of dollars in aid to Ukraine, the United States recently passed a bill totaling up to $610 to aid Ukraine.
If it were just the United States itself aiding Ukraine, there would be no problem, but the United States even coerced its allies to stir up trouble together.
According to the Australian media, the Australian side has come up with tens of billions of dollars to aid Ukraine, and these funds, which should have been used to improve the living environment of Australian taxpayers, have now become the "bloody interests" of the US military-industrial complex.
Second, support Israel. As the Palestinian-Israeli conflict has lasted for more than half a year, the United States has not only opposed the unconditional ceasefire plan on many occasions, but has also provided diplomatic, economic, and military assistance to Israel in expanding the war.
According to the results of a poll released by the Pew Center, young Americans between the ages of 18 and 29 mostly oppose Israel's brutal actions.
After the U.S. House of Representatives passed the $26 billion aid package, the anger of American college students was completely ignited.
So far, more than 50 colleges and universities in the United States have erupted in anti-war demonstrations, more than 700 protesters have been forcibly arrested by the US military and police, and even Sanders, a senior US Democratic Party, has angrily criticized the brutal practices of the White House and Israel.
Third, it is necessary to destabilize the situation in the South China Sea. Former Philippine President Rodrigo Duterte said in an interview with CCTV that the tensions between China and the Philippines today are entirely the result of US meddling in South China Sea affairs.
After the United States expanded its military bases in the Philippines, the military operations of the United States, the Philippines, Australia and other countries in the South China Sea have become more and more frequent, seriously disrupting the peaceful exchanges between countries surrounding the South China Sea.
Of particular concern is the fact that the United States is upgrading the "AUKUS alliance" to the "South China Sea version of NATO". The latest news shows that Japanese Prime Minister Fumio Kishida has decided to join the nuclear-powered submarine technology sharing alliance formed by the United States, Britain and Australia, and there are various indications that the Philippines will soon become a member of the "Aukus Alliance".
3. The impact of the U.S. debt crisis
Although the White House has firmly stood in the camp against China, the debt-ridden US economy may not give much time to US politicians.
The yield on the 10-year Treasury note has already crossed the 4.6% mark in April, as the Fed insists on not cutting interest rates.
A year ago, the White House needed less than 3.5 percent of the borrowing rate to get a 10-year loan from the global capital market, but now the United States has to use a high interest rate of more than 4.6 percent to gain the support of its creditors.
Although U.S. Treasury Secretary Janet Yellen has repeatedly said that there is no default risk of U.S. bonds, the total U.S. debt of more than 3.4 trillion yuan may not be a "piece of cake".
After Yellen and Blinken's visits to China all came to an abrupt end, the signal of China's accelerated sell-off of U.S. bonds is becoming more and more obvious.
As of the end of February this year, the balance of the mainland's U.S. bonds was still as high as 775 billion, and if all these U.S. bonds were sold off to the market, the U.S. bonds would collapse instantly due to huge selling pressure.
What worries the United States even more is that it is difficult for them to rely on the "nuclear-powered money printing machine" to resolve the debt crisis this time. The US CPI was as high as 3.5% in March, and if the Fed prints more dollars at this time, it will bring more serious stimulus to US inflation, which is already feverish.
Those American workers who have taken to the streets because prices have risen too fast obviously do not want to see CPI continue to rise.
Regrettably, White House politicians do not seem to care about their country's economic problems at all. According to media reports, the United States is conducting a "Section 301 upgrade investigation" on steel and aluminum products originating in China, and if the investigation is finally approved, the cost of tariffs on Chinese steel and aluminum products will be three times the current one.
For those American companies that are struggling to operate because of rising import costs, they could have relied on high-quality and cheap Chinese manufacturing to get out of the predicament, but the stupid tricks of White House politicians have completely ruined the future of the American industrial system.
Even if the United States can truly completely decouple from China, in the end, the US economy will pay a painful price of "hurting 800 enemies and losing 3,000 to itself."
According to the Australian media, China, which adheres to peaceful development, does not need to worry about decoupling and breaking the chain of suppression, because most Western countries, except for the United States, are still very willing to interact with China.
So, why are the Australian media so optimistic about China?
Fourth, China's economy is full of charm
The reason why the White House has a false perception that China is afraid of the United States is that American politicians feel that China's economy cannot afford the impact of decoupling and breaking the chain. Could it be that if the United States does not have dealings with China, other Western countries will break off diplomatic relations with the mainland?
From three aspects, those Western countries with rational thinking will certainly not blindly follow the US decision.
First, there is a huge market demand. While American politicians are frantically hyping up decoupling and breaking the chain, Apple, which once firmly transferred the production chain, has eaten "back grass". According to Cook, Apple will continue to strengthen the R&D capabilities of its production base in China in the future.
Apple, once arrogant, could only shout the slogan of "love China" after seeing the crisis signal of the collapse of sales in the Chinese market.
For most Western countries, their various products are inseparable from the support of Chinese consumers.
Second, a sound supply system. Although Tesla is indeed one of the world's top new energy car companies, its success may come more from the supply chain guarantee of Made in China.
The problem of mass production of new energy vehicles, which so many old car companies in Europe and the United States cannot solve, has been easily achieved to the world's first level by Tesla's Shanghai Gigafactory.
Even the aggressive Blinken has to admit that American companies can't do without Made in China.
The United States even dares to say that it is a threat to kick the mainland out of Swift, but they still want to support the development of American companies in China, and it is obvious that American politicians are very aware of the importance of China's supply chain.
Third, an open and inclusive Belt and Road Initiative. According to the Australian media, China has never forced other countries to follow so-called "universal values", as some countries have done, and those countries that join the Belt and Road Development Initiative enjoy real free trade rights.
epilogue
Neither economic coercion nor military threats can scare away Chinese on the road to rejuvenation. Just as the Australian media commented, China, which has a strong economy, advanced science and technology, and a tolerant diplomacy, is not afraid of US hegemony.
If White House politicians insist on suppressing China, it will be the United States that will eventually suffer.
So, what kind of hegemonic operations do you think Lao Mei will do? Welcome to leave a message in the comment area to discuss, like our article, please pay attention!