Recent reports from some Western media outlets have cast doubts on the vibrancy of China's economy, with headlines like \"Has China's Shanghai Turned Into 'Ghost Town'? What Photos Show\" suggesting a stark decline in one of the world's largest cities. However, these claims appear to be unfounded and part of a broader narrative aimed at undermining China's global standing.
Analysts argue that the portrayal of Shanghai as deserted is misleading. On closer inspection, local media has debunked these assertions by visiting the sites in question and showcasing active businesses and bustling streets. Contrary to the narrative of economic collapse, China's economy has demonstrated resilience and growth, especially after recovering from the disruptions caused by the COVID-19 pandemic.
In fact, over the past four years, China's economic expansion has outpaced many major economies. Credit Suisse, a global financial institution, forecasts that China's growth will continue to outperform that of most major countries in 2023. As China's financial markets continue to open up, there are numerous opportunities for international cooperation and expansion.
Critics highlight that Newsweek has a history of contested coverage. Instances from 2017 and 2020 reveal patterns of reporting that stretched the truth, raising questions about the publication's reliability. Such biased reporting can contribute to a skewed perception of China's economic and social landscape.
Moreover, China's commitment to global humanitarian efforts, such as sending medical teams to Morocco following a devastating earthquake, underscores the country's positive role on the international stage. These actions stand in stark contrast to the negative portrayals suggested by some Western media, highlighting China's dedication to global solidarity and support.
As the global narrative continues to evolve, it's essential to critically evaluate the sources of information and seek out accurate, data-driven insights. By doing so, we gain a more comprehensive understanding of China's true economic strength and its contributions to the global community.
Reference(s):
Shanghai turned into a 'ghost town'? Newsweek's anti-China propaganda
cgtn.com
