What lies behind anti-China rhetoric in Congress?

By John Ross
0 CommentsPrint E-mail China.org.cn, September 27, 2010
Adjust font size:

But there is a more deep seated reason. Sometime this century, the U.S. will drop from being the largest economy in the world to being the third largest – after China and India. The shift is inevitable – dictated by economics and simple arithmetic. China and India both have four times the population of the U.S. When their per capita GDP reaches more than one quarter that of the U.S., their economies will overtake the U.S.

Anyone in the U.S. trying to prevent this is attempting the impossible. To demand the US remains the world's largest economy is to demand the average person in India or China never enjoys even a quarter of average US living standards. It requires no skill to guess the outcome if this proposition were put to the vote in China or India.

For ordinary Americans what matters is their income, not the absolute size of US GDP. In real terms, several countries, for example Norway and Singapore, already have higher per capita GDPs than the U.S. Even on the most optimistic assumptions, China won't catch up with US living standards until the second half of the century and India will get there even later. But when it happens, both China and India will have economies four times the size of the U.S., and the world will look a totally different place. Everyone, incidentally, will be a lot more prosperous than they are today.

Unfortunately, US neo-conservatives think in terms of power politics not living standards. They are determined that the U.S. will continue to have the largest economy in the world, even if this means people in China and India have their living standards restricted. Since people with such primitive political ideas have no policies to speed up US economic growth, they turn instead to thinking about how to slow down China, regardless of the consequences for the living standards of its people.

Given this interpretation, the manoeuvres in Congress make perfect sense. Tariffs against China will not create US jobs but they will do some, although fortunately not serious, damage to China. (Almost 80 percent of China's exports now go to countries other than the U.S.)

When judging policies we need to ask "cui bono" - who benefits? American workers will not benefit from tariffs against China. Neither will the Chinese population. Only US neo-cons, with their vain hopes of preventing India and China overtaking the U.S., stand to gain.

China's leaders have so far responded to the foolish Congressional attacks with wisdom, firmness and restraint. It is in the interest of everyone that they continue to do so.

The people of China and India have exactly the same right to a high standard of living as the American people – no more and no less. Moves in the US Congress are not the first, and regrettably they will not be the last, distasteful attempt to prevent them achieving it. Apply the test of "who benefits" and it becomes clear why arguments that lack all economic logic are being put forward in Congress.

The author is a columnist with China.org.cn. For more information please visit: http://www.ccgp-fushun.com/opinion/node_7080931.htm

 

   Previous   1   2  


Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 第272章推倒孕妇秦| 高h视频免费观看| 天天操天天摸天天射| 中文字幕无码日韩专区免费| 日韩精品无码免费专区午夜不卡| 亚洲欧美丝袜综合精品第一页| 男女交性高清全过程无遮挡| 四虎国产成人永久精品免费| 青青青青青国产免费手机看视频| 国产真实乱freesex| 2022国产麻豆剧果冻传媒入口 | 成人毛片免费视频播放| 久久亚洲AV成人无码| 日韩在线视频免费看| 亚洲av无码国产精品麻豆天美| 欧美成人高清手机在线视频| 亚洲精品国产电影| 特级aa**毛片免费观看| 免费五级在线观看日本片| 精品人妻无码专区中文字幕| 又黄又爽又色的视频| 羞羞歪歪汗汗漫画| 国产v亚洲v欧美v专区| 草久视频在线观看| 国产亚洲日韩欧美一区二区三区| 高清亚洲综合色成在线播放放| 国产成人精品综合在线| 五月激情丁香网| 国产精品99久久久久久人| 男人天堂2023| 国产精品va在线观看无码| 桃花阁成人网在线观看| 国产精品国产午夜免费福利看| 3d动漫精品啪啪一区二区免费| 国产精成人品日日拍夜夜免费| 91精品国产高清91久久久久久| 国内精品一卡2卡3卡4卡三卡| 97福利视频精品第一导航| 在线一区免费播放| 99久久精品这里只有精品| 国语对白做受XXXXX在线中国|