Why is Chinese Anti-Americanism Increasing?

All kinds of clues have made clear that pro-American and pro-Western inclinations have been reversed. One example is the Chinese catcall on the U.S. basketball team when the Chinese basketball team competed with its American rival in the Summer Olympic Games at Beijing.

Moreover, in the global torch relay earlier this year, several confrontations happened between overseas Chinese populations and Western powers, such as France. These confrontations factually marked the end of the honeymoon between China and the West, which started at the beginning of the 1980s. These conflicts are not limited to ideological fields; they have reached national interests such as integrity of territory. And the United States has played a fatal role in the recent price hiking of crude oil, which triggered domestic inflation in China.

Although American values such as “democracy” and “freedom” are still tempting to Chinese youth, real wealth weighs more in Chinese people’s consideration. Their vital interests are being damaged by American and international consortium. As Chinese Premier Wen Jiabao has said, China faces unprecedented challenges in the year 2008. The United States protected its own national industry at the expense of other countries’ interests, and depreciated dollars substantially, thereby shifting its own economic crisis. China reevaluated RMB externally, but internally depreciated it due to the soaring material price; a large number of Chinese export-oriented enterprises endured losses and even closed due to the reevaluation of RMB. Small or medium-sized foreign trade companies laid off large numbers of employees, and the job market is bleaker for new graduates.

China’s internet has enjoyed incredible speed of development and this country now has the largest population of internet users. Many Chinese people are informed about how the U.S. government works jointly with the international consortium in speculating oil and food and shorting dollars.

U.S. Treasury Secretary Paulson said on August 19 that “China’s steady economic growth is of great significance to global economic growth, as well as to the United States.” He appealed to China to enlarge the scale of investment towards the United States, in order to save the U.S. economy which is caught in the mortgage crisis.

To deal with the recent deterioration of financial stocks, this week regulatory officials disclosed that the administration plans to introduce new restrictions on short-selling rules in the coming weeks, which means extending the partial limitation on short-selling that has expired last week to the whole stock market.

These selfish deeds of the U.S. financial administration caused antipathy and even hatred among Chinese people, since the U.S. is conducting business in the exact opposite way in the Chinese market. While the United States is protecting its own financial system, it opposed China’s efforts to stabilize the Chinese stock market. While the U.S. government rescues the market from time to time, it does not allow the Chinese government do the same thing, which it claims goes against principles of free market. A more insidious action of the U.S. is to influence the Chinese government’s decision making through a number of domestic “new buyers,” “returnees” affect the tendency of the real estate and stock market. The U.S. “agents” have already seized part of the media power.

And as the U.S. forced China to open its stock market to foreign investors, it also attempts to open China’s real estate market. Earlier this year China’s housing prices started to shrink under the decisive control by the central government. However, this August we see two important news items on the real estate market: “Recently Blackstone Group, a U.S.-owned private investment fund, brought a large commercial project of Zhongsheng Shijie Shangcheng, located in Shanghai Zizhuang South square, at the price of more than 4.5 billion Yuan.” When China’s domestic real estate developers’ tights budget and domestic banks continued tightening of credit policy, foreign banks now rush in to the Chinese real estate mortgage market.

Currently, China’s stock market and real estate market have been surrounded in self-contradicting information. Rumors rise continuously, such as “the stock market will to fall to 1,300 points,” or “Shenzhen buyers stopped paying for loans,” and “the housing price will be turbulent.” However, under scrutiny we found the very obvious trace that the monopoly of international capital is undermining China’s economy jointly.

The picture of “a Free and Democratic America” from 20 years ago has faded in the Chinese people’s hearts. Instead, America is a country of hegemony: During the 2008 Beijing Olympics, the United States manipulated Georgia and flagrantly ignited the flames of war in South Ossetia on August 8th, the day of the opening ceremony, disregarding the tradition of ceasing fire during Summer Olympic Games.

American’s involvement in international conflicts and its interference in other countries’ internal affairs are not, as it claims, to maintain peace and stability of the world, to promote the values of freedom and democracy, or to protect human rights. Instead, it is for achieving its own interests, and for achieving and maintaining the U.S. world hegemony.

Recently, a Russian newspaper, “Kommersant,” reported that, according to the Pew Research Center’s annual survey results (a world-renowned public opinion research institutions in the United States), a number of nations hold negative opinions towards the United States.

We hope that the United States has learned enough lessons from the Iraq war and mortgage crisis to change their foreign policy, and will no longer provide support to Taiwan and Tibet independents, or to the “East Turkistan” terrorists. And we appeal to the United States’ next elected president to lift the trade barriers against China and to build an equal and friendly political and economic Sino-America relationship.

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