Crisis can't kill Chinese confidence_其他_趣味英语-查字典英语网

Crisis can't kill Chinese confidence

And the victories they achieved in 2008 overcoming the difficulties brought along by the unprecedented snow storms in January and earthquake in May and the successes of the Beijing Olympic Games and Chinese astronauts' space-walk all enhanced their confidence.

Although they have complaints, as all people throughout the world do, the Chinese people have confidence in the government's ability to lead them in fighting the economic adversities.

This phenomenon may merit some thoughts on the part of certain Western politicians who always blame China from ideological perspectives.

Why does a country adopting a social system diametrically different from the liberal capitalism they worship the most demonstrate a stronger confidence in the face of the worst economic crisis in seven decades?

Why was a government which so often interferes in the market so successful in maintaining a fast economic growth for so many years?

Why does a country that emphasizes collectivism more than individualism win such a strong trust from its people?

In his speech delivered at Cambridge University on Monday, Premier Wen said: "This once-in-a-century financial crisis is truly thought-provoking. It reminds us of the need to have serious reflections on the existing economic systems and theories."

He was right. Many Western economists have also begun to reflect on the drawbacks of the extreme liberal capitalism. In fact, the measures adopted by Western governments recently to bail out their battered economies were exactly administrative interference against the "intangible" market force - the core value of liberal capitalism.