Xinhua News Agency, Beijing, Feb. 5 (Xinhua) -- Australia** said a few days ago that Western countries, especially the United States, regard China's strong economic growth as a challenge, and continue to try to contain China's development and maintain its hegemony through sanctions, technology embargoes and other means, but these practices are futile and useless.
Australia's "Pearl and Stimulus" published an article saying that the West often throws out negative remarks such as "China's economic development is nearing the end and will soon collapse", but this kind of chatter has never been fulfilled.
The article cites the Organisation for Economic Co-operation and Development's previous ** saying that after adjusting for inflation, Australia's real economic growth rate in 2023 and 2024 will be 18% and 14%。And in 2023, China's economic growth rate will reach 52%。
The article points out that for any economy, as it grows larger, the growth rate will also slow. Although China's economy is no longer growing at a double-digit rate as it used to be, it has continued to grow strongly.
The article believes that some Australian politicians and ** incite "Sinophobia" in a vain attempt to take measures to stop China's development, which is absurd. As former Australian Prime Minister Keating used the analogy before: such an approach would only be as futile as "throwing a toothpick at a mountain". Refusing to face reality has taken Australia a heavy price.