Chinese Influence: What's beyond trade for China?
2017-10-24
China has long been an active participant in
global trade. But is the country's impact on the world no more than just
economic? Jim Spellman reports from Washington.
In recent years China's impact on the world has steadily grown.
Xi
Jinping General Secretary of Communist Party of China "The Party has
united and led all the Chinese people in a tireless struggle, propelling
China into a leading position in terms of economic and technological
strength, defense capabilities, and collective national strength.
China's international standing has risen as never before."
Many
experts say China's approach to economic investment is transforming the
world economy. Ralph Winnie leads the China Center at the Eurasia
Institute, a U.S. based think tank.
Ralph
Winnie Jr. Eurasia Institute "China's policy has been we don't
interfere in the internal affairs of other countries. What we want to do
when we go in is create a win-win situation, a trusted partnership
based on economic trade and opportunity to improve the quality of life
for people.
This
non-confrontational approach to foreign direct investment has been
warmly welcomed in many nations, especially in the developing world.
Hussein
Ismail Egyptian Information Agency "General Secretary Xi Jinping
stressed in his report that 'China will not close its door to the world;
it will only become more and more open.' It means foreign corporations
and investors will have more opportunities to enter the Chinese market."
China's
impact isn't simply about trade. As China takes the lead in areas such
as the climate change, more people have become curious about the
country. Tourism and people-to-people exchanges have increased and more
countries see China in a positive way.
Nicholas
Beale Global Collaboration on Financial System Stability "GDP numbers
by themselves don't tell the whole story. GDP growth at the expense of
the environment, for example, is something which perhaps has happened in
the past in China. I am very encouraged to see that, as I understand
it, a very important part of Xi Jinping's vision, that he wants to
advance China in all dimensions - economic, social, environmental,
ethical, etc."
China's rising
prominence has come as the U.S., under President Donald Trump, has
seemed to pull back from the world stage, while pursing protectionist
economic policies.
Ralph Winnie
Jr. Eurasia Institute "The question for the United States is what is our
role going to be? Are we going to treat them as a trusted frind of
partner or are we going to view them as potential adversaries?"
JIM
SPELLMAN WASHINGTON According to a recent Pew Research Center survey
more people now have more confidence in Xi Jinping than in Donald Trump
when it comes to doing the right thing, regarding world affairs. Jim
Spellman, CGTN, Washington.
Copyright
©
2017
