Global Times Society Review
Turkish lira was severely impacted. Many people believe that the modernization process of soil has been hit hard at the same time. It may fall into the middle income trap and it is difficult to crawl out.
A scene where the soil economy is being staged is not the solitary case of emerging markets. Similar currency in South America and Asia has planted similar followers, and the same is true of rubles.The turbulence of the country's currency reflects the vulnerability of emerging markets. Their high -speed development has accompanied the expansion of some serious problems. As soon as the external wind and rain are, it shakes violently.
In the United States, the United States is unwilling to see that the development of emerging market countries is too smooth. It will intentionally or unintentionally do something that helps the crisis there, thereby consolidating the relative advantages of the United States.For this role in the United States, all developing countries need to be vigilant.
Focusing on the repeated economic crisis around emerging market countries, it reflects the twists and turns of the modernization process of those countries.If they change their destiny, they are likely to pay much more effort than they think when they go smoothly.
However, developing countries do not have to be too nervous. One or two financial crisis cannot change the development of developing countries in the era of globalization.The basic task of emerging market countries is to improve productivity, and continuously expand the ability of self -digesting and productive progress in the domestic market, and maintain a balanced development.As long as emerging market countries are interested in comprehensive development, no one can really deprive them of their rights, turning them into a kite that is very high, but the rope is in the hands of the developed economy.
On the domestic Internet, some people recently compare the situation of Turkey to Chinese, or Ming or Daisan, "the next time and evening is" the next Turkey Andrdquo; we believe that when Turkey is in the currency crisis, most Chinese people have more people.A wake -up, those alarmist public account articles have extracted a stimulus out of various purposes. There is such a sound on the huge public opinion field. We may need to get used to it.
However, the judgment of the situation must be objective, and it is not ideological.Some sounds like Andrdquo; Chinese economy is really interested in the intendedness as a writer like the Turkish version. Because they are equivalent to talking, the United States will be the next AND "Stupid Pig Five Five FiveItaly or Spain of national andrdquo;.
It is necessary to point out truthfully that the difference between the Chinese economy and the Turkish economy is much larger than that of the two.The similarities between the two parties are that they are all post -developed countries in emerging markets, accompanied by some overheated performance of the economy, but the major difference between the two sides is that the economic scale of the two is completely the same. China is the second largest economy., The largest industrial product manufacturing country and the largest cargo trading country, the implementation of single assaults on China and the need to achieve much more imaginative than Turkey.
In addition, the entity of the Chinese economy is one of the highest in the world economy, and China's consumer market has expanded the fastest. The dependence of economic foreign trade has not been as high as many other emerging economies, and in recent yearsreduce.China is the largest foreign exchange reserve country, and those foreign exchange reserves are strategic reserve for protecting China's stable economy.
China has always been actively cautious about financial openness. Some of our key capital projects have not been released so far, maintaining the necessary and "firewall Andrdquo;. In addition, when related analysis, It has unique control and mobilization power is also a key bonus factors to prevent systemic risks.
Always maintain a sense of worry and crisis, but you must not be arrogant, scare yourself, and master the subtle differences among this. It is the collective rationality and wisdom that the Chinese must have.China is a big country, with great risks and a large chassis. It takes courage, self -confidence, and affordability to facing various difficulties.Some of the tolerance are formed naturally in the development of our large -scale economy, and some need our efforts to build.
Not only did China reform entering the deep -water area, it seems that the opening of the outside world also enters the deep water zone.Time will prove that this rise is not the high jumping high of the Chinese nation, but the hardships of returning to this place after taking a period of historical detours.