The United States, "Los Angeles Times" article, April 2, the original title: The Chinese strive to reshape the world economy to play a greater role
In the United States and other old time of economic power in decline, China is stretching their muscles, a signal, it is necessary to reshape the world financial order in the future play a more firm and the role of self-confidence.
With China's urgent calls for reform by the United States and Western European countries a long-term-oriented financial system, the clear possibility of changes in the G-20 summit came to prominence. Held before the summit, Chinese leaders have been publicly criticized the United States economy, on China's huge holdings of U.S. Treasury bonds that the safety concern is the recent proposal to create an alternative international currency of U.S. dollars. At the same time, China is a large number of buying foreign oil and mining areas to ensure that the economic recovery of the full inventory of its raw materials.
In the recruitment of overseas talent to update the technology in China, Chinese companies also expect a lower price to acquire a well-known Western brands. It seems in China, the global economic recession is a rare opportunity - and China has the capital to seize this opportunity. China is also busy to deal with the continuous shrinkage of the volume of trade and the unemployment rate continued to rise, but its economic growth rate is still higher than other major countries. China's banking system more stable and also holds the world's largest foreign exchange reserves of 2 trillion U.S. dollars.
"China in the new world order for the position is very clear goals", Ohio State University management professor, "the Chinese century," the author of a book Shenkar said, "They identify more clearly the position when the Chinese had. " In recent years, with China as the world's third-largest economy, its influence has continued to rise. Nevertheless, China still remained fairly low-key, saying the best way to help the world is focused on domestic affairs.
Some Chinese scholars said that China has recently shown a clear stance reflects the feelings of many Chinese people, with the United States led global economic recession, their economic model and the United States has lost its sense of superiority fantasy. "Than everyone expected, the Chinese today just as it was before is no longer emphasized the universal norms, but raised a number of concrete measures", the People's University to engage in the study of international relations, Professor Shi said. Will now change its policy that is also premature, but he said, "I will be recognized in order to understand China in the international arena was able to play a more important role."
Some analysts have recognized China in the global economy play a greater influence on the idea, this will lead to the United States and other major developed countries opposed. In spite of this, the leaders of Europe and the United States are looking forward to plenty of cash to help the International Monetary Fund to increase China's financial strength, and seems to hope that China and other emerging economies to play a greater role.
China has taken part in a baking were a big carnival. In accordance with the New York financial research firm Dealogic data provided by China for foreign purchase in the last year the total capital and acquisitions reached a record 52.1 billion U.S. dollars. In the first quarter of this year, Chinese companies have signed a 17 billion U.S. dollars worth of contracts.
Shenkar said, I do not know how many people will be the Beijing Olympic Games as the defining moment of China's rise. Today, the Beijing Olympic Games, compared with the global financial crisis, it is nothing can be said to the. "This is the real Olympics," he said, "China is now to do much better than its performance in the competition field."
Author: Li Dan
Global Times on the 3rd
In the United States and other old time of economic power in decline, China is stretching their muscles, a signal, it is necessary to reshape the world financial order in the future play a more firm and the role of self-confidence.
With China's urgent calls for reform by the United States and Western European countries a long-term-oriented financial system, the clear possibility of changes in the G-20 summit came to prominence. Held before the summit, Chinese leaders have been publicly criticized the United States economy, on China's huge holdings of U.S. Treasury bonds that the safety concern is the recent proposal to create an alternative international currency of U.S. dollars. At the same time, China is a large number of buying foreign oil and mining areas to ensure that the economic recovery of the full inventory of its raw materials.
In the recruitment of overseas talent to update the technology in China, Chinese companies also expect a lower price to acquire a well-known Western brands. It seems in China, the global economic recession is a rare opportunity - and China has the capital to seize this opportunity. China is also busy to deal with the continuous shrinkage of the volume of trade and the unemployment rate continued to rise, but its economic growth rate is still higher than other major countries. China's banking system more stable and also holds the world's largest foreign exchange reserves of 2 trillion U.S. dollars.
"China in the new world order for the position is very clear goals", Ohio State University management professor, "the Chinese century," the author of a book Shenkar said, "They identify more clearly the position when the Chinese had. " In recent years, with China as the world's third-largest economy, its influence has continued to rise. Nevertheless, China still remained fairly low-key, saying the best way to help the world is focused on domestic affairs.
Some Chinese scholars said that China has recently shown a clear stance reflects the feelings of many Chinese people, with the United States led global economic recession, their economic model and the United States has lost its sense of superiority fantasy. "Than everyone expected, the Chinese today just as it was before is no longer emphasized the universal norms, but raised a number of concrete measures", the People's University to engage in the study of international relations, Professor Shi said. Will now change its policy that is also premature, but he said, "I will be recognized in order to understand China in the international arena was able to play a more important role."
Some analysts have recognized China in the global economy play a greater influence on the idea, this will lead to the United States and other major developed countries opposed. In spite of this, the leaders of Europe and the United States are looking forward to plenty of cash to help the International Monetary Fund to increase China's financial strength, and seems to hope that China and other emerging economies to play a greater role.
China has taken part in a baking were a big carnival. In accordance with the New York financial research firm Dealogic data provided by China for foreign purchase in the last year the total capital and acquisitions reached a record 52.1 billion U.S. dollars. In the first quarter of this year, Chinese companies have signed a 17 billion U.S. dollars worth of contracts.
Shenkar said, I do not know how many people will be the Beijing Olympic Games as the defining moment of China's rise. Today, the Beijing Olympic Games, compared with the global financial crisis, it is nothing can be said to the. "This is the real Olympics," he said, "China is now to do much better than its performance in the competition field."
Author: Li Dan
Global Times on the 3rd
