Xi downplays China’s global economic and military might on April Fool’s Day

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Xi downplays China’s global economic and military might on April Fool’s Day

PORT MORESBY: Those who have been following the shadow vibes dished out by leaders from the US and China know too well the world standing and influence of the two superpowers.

What is clear is that the US had been waging war and using its influence to manipulate world crude4 oil prices post World War II.

China has been building its nation from a poverty-stricken country to what it is today - using education, science and technology, and of course the Chinese business acumen.

China’s world economic influence has obviously shaken the US which is now continuously accusing the Chinese of using investments and economic to “colonise” impoverished countries.

President Xi Jinping was reported by Reuters on Monday April 1, 2019 (April Fool’s Day) as saying the West had long-term economic, military superiority.

What do you think?

PNG Cyber Monitor reproduces below the Reuter’s report for the reading pleasure of our readers and followers:

China's Xi says West has long-term economic, military superiority

WORLD
Monday, 1 Apr 2019
1:58 PM MYT

BEIJING (Reuters) - Developed Western nations have long-term economic, technological and military advantages over China and the Communist Party has to realise that some people will use the West's strong points to criticise socialism's failings, President Xi Jinping said.

Since assuming power in China more than six years ago, Xi has ramped up efforts to ensure total party loyalty and discipline, including a sweeping crackdown on corruption, warning the party's very survival is at stake.

This year, which is marked by a series of sensitive anniversaries including three decades since the bloody crackdown on pro-democracy demonstrators in and around Tiananmen Square, has seen a further increase in calls for party loyalty.

On Monday, leading party theoretical journal Qiushi, which means "Seeking Truth", published lengthy excerpts for the first time from a speech Xi gave in early 2013 shortly after becoming party boss, warning of the dangers the party faces.

Citing Marx and Engels, Xi said socialism would inevitably vanquish capitalism, but that it would be a long historical process. China practises what it calls socialism with Chinese characteristics.

China must "fully appraise the objective reality of the long-term advantage Western developed countries have in the economic, scientific, and military fields, and conscientiously prepare for all aspects of long-term cooperation and struggle between the two social systems", Xi said.

The party also needed to "face the reality that some people compare the good qualities of Western developed nations with the insufficiencies of our country's socialist development and offer criticism of it", he added.

While the party has committed "big mistakes" like the Cultural Revolution, when children turned on parents and students on teachers after Mao Zedong declared class war, the party's history is "generally speaking glorious", Xi said.

Those who criticise the revolution - which brought the Communist Party to power in 1949 - are simply trying to incite the overthrow of the party, he added.

But China needs to stick to its landmark economic reforms begun in 1978, without which the party could have fallen, Xi said.

The party "may even have faced a serious crisis, like the death of the party and the death of the country encountered by the Soviet Union and Eastern European countries".

But China had proved the naysayers wrong, Xi added.

"Both history and reality tell us that only socialism can save China. Only socialism with Chinese characteristics can develop China. This is the conclusion of history and the choice of the people."

(Reporting by Ben Blanchard; Additional reporting by Gao Liangping; Editing by Nick Macfie) - Reuters/The Star