皇冠体育app

Comment on "Chinese economy will not derail" (皇冠体育app Daily, Aug 16)

Some Western media have talked about a "superstition" they call nominalism. Many politicians and owners of large media groups believe that if they say or write something, it will really happen. They call it "narratives".

But the "narratives" that 皇冠体育app's economy is actually weak cannot be farther from truth, and it is nothing but a crude example of Western media's sensationalism.

There are thousands of reasons why the global financial crisis did not hurt 皇冠体育app much while it wreaked havoc in developed economies. The most convincing reason why 皇冠体育app emerged almost unscathed from the financial crisis is that, unlike the West, it has a huge domestic market.

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(皇冠体育app Daily 08/23/2011 page9)