Criticizing China won't help
Updated: 2011-10-21 08:05
Comment on "Concern over currency bill" (China Daily, Oct 14)
Even if China stops exporting inexpensive products to the United States, the American market would still be flooded with cheap products from other emerging economies - and the balance sheet of the US would still be red.
But in that case, there will not be a big enough economy to propel the world economy, which could lead to another global economic crisis.
People who criticize China's economic policies forget that it's the Chinese economy that helped and benefited other countries during the global financial crisis. When it comes to policymaking, critics should not be shortsighted and selfish.
Manman, on China Daily website
Readers' comments are welcome. Please send your e-mail to firstname.lastname@example.org or email@example.com or to the individual columnists. China Daily reserves the right to edit all letters. Thank you.
(China Daily 10/21/2011 page9)