China Should Not Be The "Scapegoat" Of Global Economic Imbalance

In the real world, behind all kinds of voices are interests and strength. world Economic pattern China has become western "when changes, contradictions intensified and power game became increasingly fierce." Magnifier "Try to figure out the target.

The trade surplus, the RMB exchange rate, the world's largest creditor nation, energy consumption, carbon dioxide emissions, and even China's domestic savings, have become a real influence on the interests of others.

After the storm of the financial crisis, countries rushed to weigh their gains and losses in this crisis. China, once known as the world economic stabilizer and an important leader in global economic recovery, has now become a scapegoat for global economic imbalances and financial crisis.

Those in financial crisis China, which has been weakened by its strength, requires China to take responsibility: balancing or even saving the world economy.

In front of the Western God, all beings are equal. But the West does not want to share power with China in their respective economic splendour, even though these powers have long been disproportionate to their economic strength.

Since nineteenth Century, Britain, the United States, Germany and Japan have become one of the world's major creditor countries or largest creditor countries. Sterling, US dollar, German Mark, Japanese yen and later euro have gradually become the main international currencies.

After sustained economic growth and trade surplus, China is the largest creditor country in the world with huge foreign exchange reserves, but its influence in the IMF and the international monetary system is very weak. The old European countries are reluctant to give up their voting rights in IMF. Most of the countries and regions that use Renminbi are confined to China's periphery.

While financial power is limited, China's carbon emissions and energy consumption have also been criticized by the West. Carbon emissions and energy consumption will have a profound impact on China's future development space.

China's population is 4 times that of the United States, its historical contribution to greenhouse gas is only 1/4 of the United States, and the per capita carbon emission level is less than that of the US 1/4, with only 1/2 of the European Union, and the per capita energy consumption is less than 22% of the average per capita consumption level of the United States.

The consumption of China's per capita carbon emission level is only adequate for food and clothing, just to meet basic needs. China, the country with the largest population in the world, has no doubt that its total energy consumption is the first in the world. But the west only talks about "China's destruction of the Copenhagen climate conference" and "China will devour global energy".

In front of the eastern people's Buddha, cause and effect successively.

The hegemony of the US dollar, coupled with the greed of Wall Street, brought the western world to a high profit, and the financial market was in crisis.

The United States imports a large amount of oil every year, and oil prices are constantly rising under speculative control of us and British futures traders. The US companies turn abroad and earn a lot of profits every year from China and other countries. With high oil prices and high profits from multinational companies, the US trade deficit is high.

But the west only said, "the renminbi is seriously undervalued, at least 40% appreciation". China, which only earns a small processing fee and makes cheap products for the world, needs to face international condemnation. Western powers have always regarded "equality" and "righteousness" as universal values, while China is only taking the road of sustainable development, and at the same time strict self-discipline for energy conservation and consumption reduction is therefore not and should not be a scapegoat for being blamed.