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Thread: China is the victim of the globalization!
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[quote=YVONNE,286636]When reading FT news, I came across a letter written by a Chinese reader. In his letter, he claims that China is more a victim than a beneficiary of the globalization. He admits that China has scored great achievements in recent 30 years since the reform and opening policy was adopted. However, China has sacrificed too much. The environment has been deteriorating seriously. The crystal rivers, blue sky and green lands are gradually disappearing. China’s national industries and traditional handicraft industry are also vanishing. Many natural resources are exploited by foreign corporations. Ironically, China has had to import the resources from abroad. On the other hand, China is gradually losing its foreign exchange reserves due to the dollar depreciation and RMB quick appreciation. Considering of these problems, China is the victim of the globalization, not the beneficiary. What do you think of his opinion, reasonable or not? [/quote]
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