US cannot stop China’s development: researcher

DM Monitoring

HAVANA: China’s impressive economic development is unstoppable notwithstanding the U.S. administration’s efforts to undermine China’s exemplary role in the world, a Cuban analyst has said.
Ruvislei Gonzalez, head of the Asia and Oceania Division at Havana’s Center for the Study of International Politics, made the remarks as the Trump administration escalated attacks against China.
“The United States is really concerned about (the) social and economic achievements that have turned China into the world’s second largest economy,” he told Xinhua in a recent interview.
The Trump administration has launched an “aggressive and unfair campaign against China, which will have serious impacts on the global economy,” Gonzalez said.
He is impressed with the scope of China’s Belt and Road Initiative (BRI), which “will have (a) direct impact on more than 60 percent of the world population and boost regional and global trade.”
The Trump administration is trying, by all means, to discredit China’s BRI, a transcontinental development program that will benefit a considerable number of the Caribbean and Latin American states, including some U.S. allies, Gonzalez said. According to the Cuban analyst, the U.S. economic policy to contain China has failed, for plenty of products the U.S. citizens consume are manufactured in China.
“In addition, the United States desperately seeks to contain China’s economic collaboration with developing countries. That is why the Trump administration is currently trying to gain some ground in Africa and the Caribbean (countries),” he said.
As regards the Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region, the expert said China has adopted a timely decision to protect its sovereignty. It will also improve the business environment in Hong Kong under the framework of a new Chinese foreign investment law that took effect in January, he said. “However, the U.S. decision to end Hong Kong’s special status harms the interests of the United States and foreign companies based in the Chinese special administrative region.”