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Why should the United States be afraid of the rise of China?
Racial prejudice.
Americans are deeply disturbed that the Chinese hold so many U.S. bonds. Japan holds about the same amount of U.S. bonds as China does, but that doesn't seem to faze anyone.
Many people’s reaction to China today is very similar to the reaction to Japan in the 1980s, when Japan was an emerging economic challenger to the West.
In recent years, Americans have been uneasy about China's attempt to acquire Unocal Petroleum Company; more than 20 years ago, Americans were uneasy about Japan's acquisition of Rockefeller Center.
After the overly emotional reaction in the United States to Sony's acquisition of Hollywood's Columbia Pictures, Sony founder Akio Morita pointed out that Australian-born Rupert Murdoch had previously acquired 20th Century Fox, But he did not encounter such setbacks. Akio Morita pointed out that the reason was racial prejudice.
China has adopted a competitive economic model - "state capitalism" - that challenges Western economic thinking. In many ways, China also projects a mercantilist posture that makes it seem like it cares little about anyone else. China maintains control of its currency so that its exports can outperform other countries, and it seizes for itself as many natural resources as possible, wherever and whenever possible.
The worst part is that the political ideology behind China’s economic growth is diametrically opposed to Western ideas about democracy and human rights. China not only competes with the United States in the world market, but also proposes a completely different economic and political system. China is succeeding on ideas that Americans despise.
Many people are worried about China more than that. No one thinks that Japan will pose a military threat to the West or even become a challenger to the world's diplomatic influence.
This is not the case in China at all. China is using its economic clout to increasingly propose alternatives to the U.S.-led political and economic system. Beijing often complains about the dollar's primacy and wants its currency to play a more important international role.
In other words, China seems to challenge not only today’s economic orthodoxy and order, but also the world’s political and military framework. China is not content with selling more TV sets to the world. The Chinese want greater control over the world, and they want to use their economic influence to achieve this.
There are three reasons why the rise of China scares the world:
First, everyone will take the examples of the rise of great powers in history as precedents and as reference numbers. In history, great powers always rise. They bully others, benefit themselves at the expense of others, invade and expand, and I worry that China is no exception.
The second person will use the Soviet Union as a reference for observing China. When the Soviet Union became stronger, it invaded, expanded, and dominated. The Soviet Union was led by the Communist Party, and China was also led by the Communist Party. China Why the exception. The world's prejudice against the Communist Party is quite deep.
Third, the rise of China is the rise of almost 1.4 billion people. There is no precedent in history for the rise of 1.4 billion people. The scale is too large, and people will be afraid of it.
Reference for the above content: Ifeng.com-Wu Jianmin: There are three major reasons for the rise of China that makes the world "scared"
Reference for the above content: Jellyfish.com (a subsidiary of Yantai Daily)-American "Time" magazine : Why we are afraid of a rising China
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