Promoting China’s Economic Growth ‘At the Expense’ of Other Nations: A Jiang Zemin Legacy

Started by Epoch-Times-Bot, Dec 02, 2022, 03:00 PM

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Dec 02, 2022, 03:00 PM
Promoting China's Economic Growth 'At the Expense' of Other Nations: A Jiang Zemin Legacy

News Analysis
Immediately following the death of former Chinese Communist Party leader Jiang Zemin, numerous Western media outlets began to laud his efforts to open the Chinese economy to the outside world and create a “global economic juggernaut.”
They cited rapid economic growth throughout a decade of his leadership in the post-Tiananmen era as evidence of his accomplishment. However, little is said about how China's meteoric growth came at the expense of Western businesses and workers following its admission to the World Trade Organization (WTO) in 2001.
According to the World Bank, China’s economy has grown by more than 1,200 percent (in today's U.S. dollar terms) since joining the WTO, making it the world’s second-largest economy, the largest exporter, and the dominant industrial power....

Source: Promoting China's Economic Growth 'At the Expense' of Other Nations: A Jiang Zemin Legacy

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