Page 45 - Chen Xia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The US should no longer be allowed to act as a rogue in the WTO, nor should Washington's hegemonism and protectionism be tolerated.

Some Western media outlets have showed signs of blaming China for the inflation problems facing the global economy, but it only reflects their anxiety and lack of confidence in the West's ability to clean up their own mess.

In recent weeks, some banks have received mandates from Chinese companies looking at Australian assets, in a move which could be seen as evidence that Chinese firms are showing renewed interest in Australian acquisition targets, but “the signs are still tentative,” Reuters reported on Wednesday.

As costs inevitably rise for their businesses and consumers, many Western politicians find themselves in an awkward position of having to warm up to China again. This has been the case for a growing number of Western countries, we don’t see how Canada will be the exemption.

Western media outlets are hyping up South Asia as a “battleground”, alleging India and China have been locked in a tussle for geo-economic influence, which only reflects the West’s narrow-minded zero-sum game mentality.