The Paper: We noted that some foreign media outlets coined the word “Chinese squeeze,” saying that Chinese manufacturing not only sends shockwaves to Western countries, but also squeezes out space for Global South countries who seek industrial development. What is your comment?
Mao Ning: The so-called “Chinese squeeze” narrative is apparently inconsistent with facts and I believe Global South countries will not buy it.
As a member of the Global South, China always shares its development experience without reservation and helps advance the development of Global South countries. By conducting fruitful cooperation in infrastructure, investment and technology, China has helped Global South countries build up their own capacity for development. By opening up its market, China has helped Global South countries expand quality product export to China, which in turn boosts our industrial development with trade revenue. By providing accessible and affordable green products, China has helped Global South countries improve resource allocation and accelerate industrial transformation and upgrading. All these prove that China and Global South countries are partners in the pursuit of modernization.
A country’s greatness lies in serving the greater good. China, with its own development, will offer more opportunities to the world for common prosperity.
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