Certain Western investment banks and institutions strongly criticize the Chinese economy while benefiting from information asymmetry. Some suggest so-called reform plans that overlook China’s national conditions, and there are also economists profiting from speeches and books that hold a negative view of the Chinese economy.
But the Chinese economy is highly resilient. As China pursues open, high-quality development, it generates new opportunities, injecting certainty into an unstable world and boosting global development.
Thanks to its massive market size, technological innovation, and robust development resilience, China can withstand external pressure and overcome internal difficulties. Indeed, its economy is rebounding, effectively refuting various pessimistic arguments.