American economy Illustration: Chen Xia/GT
The US' GDP in the third quarter grew 2 percent year-on-year, far lower than the previous forecast of 2.7 percent. The double blow of the epidemic rebound and disruption in supply chains led to this poor result.
I really don't know what the US could do, with such a weak economy, to encourage its allies to unite with it and contain China. By printing dollars?
What's important is, this summer's poor 2 percent was obtained at the same time when the US suffered a huge loss in people's health and even lives. In those three months alone, nearly 100,000 people died in the US due to the COVID-19 and nearly 10 million new cases were reported. During this same period, the number of deaths from the epidemic in China was zero.
I think that both China and the US have their own problems. In some areas, China needs to make efforts to improve further. But I want to say that today's US should not continue to show off. As China has effectively protected people's lives and restored its economy more quickly than the US, the US is completely unqualified to lecture China. The US' situation is bad, but it is still keen on teaching others a lesson. It is disgusting.
Finally, the setbacks in the US' economic recovery are not a reason for us to stop reflecting on the problems in our economic work, and I believe we won't. In recent years, China has been competing with itself, constantly improving and surpassing itself. This must continue to be the case in the future.
The author is editor-in-chief of the Global Times. opinion@globaltimes.com.cn