The Chinese economy is struggling.

(AFP)

[Financial Channel/Comprehensive Report] Shortly after the end of the World Economic Forum in Davos, Switzerland, American scholars immediately criticized China, claiming that everything Chinese Vice Premier Liu He said in Davos was a lie.

These lies include touting "China is back", "China will not engage in a planned economy", "China sticks to its commitments to the international community", and "assisting in solving the debt problems of developing countries".

The purpose of what Liu He said is to create a false image to attract investors, in an attempt to weaken the China threat theory.

Bradley Thayer, China policy director of the Washington think tank "Security Policy Center", recently published an article titled "China's Liu He in Davos: Every word is a lie" in "The Hill".

Searle said Chinese Vice Premier Liu He's speech at the World Economic Forum in Davos, Switzerland, drew attention for dishonesty and prevarication.

Please read on...

He said Liu's speech was reminiscent of novelist and political activist Mary McCarthy's criticism of left-wing writer Lillian Hellman, when McCarthy commented that everything she wrote was a lie, including " and" and "the".

Liu He preached "China is back" in Davos. China welcomes foreign investors. He also said that China's economic growth will return to normal in 2023. China is a supporter of the international order and environment.

But instead of supporting the international order, Beijing has gone out of its way to weaken it and try to replace it with an order Beijing defines and controls.

Searle emphasized that everything Liu He said is likely to be a lie.

His speech should be seen as an attempt to shape a narrative to attract investment and to undercut perceptions of the Chinese threat, convincing the international community that China has returned to a period of high economic growth, and revealing deeply the fears of the Chinese leadership.

In fact, China's economy is weakening due to the epidemic, coupled with serious structural problems, a shrinking population, a downturn in the housing market, US sanctions on its technology industry, investor concerns about the influence of the CCP, and the feasibility of alternatives such as India and Vietnam. The country's economy is in trouble, and the GDP growth rate is only about 3%.

Searle also lashed out at pro-Communist figures, saying those who invest in China, take CCP money or allow CCP to raise money in their markets should have the opportunity to explain why they support the CCP’s aggression and human rights abuses .

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news