On the contrary, the "China Collapse Theory" has repeatedly collapsed, and the Ministry of Foreign Affairs states that the Chinese economy has not collapsed
On September 12th, Foreign Ministry spokesperson Mao Ning presided over a regular press conference.
A reporter asked that recently, many Western countries have been singing down the Chinese economy. US President Biden stated that China is facing economic difficulties, which are both affected by weak global economic growth and related to China's economic policies. The Australian Finance Minister stated that the significant slowdown in China's economic growth rate has had an impact on Australia. US Deputy Treasury Secretary Adyemo said that the slowdown in China's economic growth will mainly affect neighboring Asia. What is China's response to this?
"It seems that various' China collapse theories' will appear every now and then, but the fact is that the Chinese economy has not collapsed, on the contrary, the 'China collapse theory' has repeatedly collapsed," Mao Ning said.
![On the contrary, the "China Collapse Theory" has repeatedly collapsed, and the Ministry of Foreign Affairs states that the Chinese economy has not collapsed](https://a5qu.com/upload/images/e3d3ebc524968cf12e741b3b4d3fe783.jpeg)
Mao Ning stated that since the beginning of this year, the global economic recovery has been weak, and the external environment has been severe and complex. However, the Chinese economy has continued to recover, and the overall recovery is improving. In the first half of the year, China's GDP grew by 5.5% year-on-year, significantly faster than last year's 3%. The International Monetary Fund predicts that the Chinese economy will grow by 5.2% this year, contributing one-third to global economic growth. The Chinese economy remains the main driving force of global economic growth.
Mao Ning emphasized that the fundamental principles of China's strong economic resilience, great potential, abundant vitality, and long-term improvement have not changed. We have confidence and the ability to promote sustained and healthy economic development. China will adhere to high-level opening-up, strengthen mutually beneficial cooperation with countries around the world, and share the dividends of development. China's development will bring more opportunities to neighboring Asia and the world.