As the Chinese mainland celebrates the 75th anniversary of the People’s Republic of China, the nation stands as a testament to remarkable economic transformation. From its humble beginnings as a \"poor and blank\" state, China has risen to become the world’s second-largest economy, reshaping global markets and influencing international trade.
However, this meteoric rise has sparked diverse opinions worldwide. Countries in the Global South applaud China’s pivotal role in the global economy, highlighting how its growth has fostered development and economic partnerships across continents. On the other hand, some Western perspectives question the sustainability of China’s \"common prosperity,\" suggesting that the benefits may be confined within its borders and not universally accessible.
Adding to the discourse, a faction of analysts and commentators propagate the \"China collapse\" theory, predicting significant challenges ahead for the nation’s economy. These polarized views underscore the complexity of China’s economic narrative and its implications for the global landscape.
To delve deeper into these discussions, the latest episode of Global South Voices features host Mushahid Hussain Sayed, former chairman of Pakistan's Senate Defense Committee. Joining him are esteemed guests Salman Shah, former finance minister of Pakistan; Tan Sri Ong Tee Keat, president of the Belt and Road Initiative Caucus for Asia Pacific (BRICAP); Farhana Paruk, Africa-China specialist; and Wang Wen, executive dean of the Chongyang Institute for Financial Studies of Renmin University of China. Together, they explore the realities behind China's economic achievements and the narratives surrounding its future.
Reference(s):
cgtn.com
