Global Times

Debunking fallacies agains China's economy

▶ Why economic field has become battlefiel­d for West’s cognitive warfare

- By Tang Jingtai and Xing Chen Tang Jingtai is professor at the School of Journalism, Fudan University, and Xing Chen is postdoctor­al fellow at the School of Journalism, Fudan University. bizopinion@globaltime­s.com.cn

Recently, in Western public opinion, the “China threat theory” and the “China collapse theory” in the economic field have given rise to new forms of hype, including the “China overcapaci­ty theory,” “China shock 2.0 theory,” “China peak theory” and “China being marginaliz­ed theory.”

After the “China threat theory” and the “China collapse theory” collapsed on their own, these new forms of hype have caused a certain degree of confusion.

The Global Times Research Center conducted a study of economic reports related to China published by 14 major media outlets in the US, the UK, France and other countries from January 1 to March 15. Among them, 72 typical negative economic reports on China were selected for in-depth analysis, forming a research report on “negative economic reports on China by mainstream foreign media.”

Through this report, it can be seen that the new forms of hype are not much different from the old clichés disparagin­g the Chinese economy.

Rampant smearing clichés

For instance, the “overcapaci­ty theory” hype has become rampant. During US Treasury Secretary Janet Yellen’s visit to China, she expressed concerns multiple times about the “overcapaci­ty issue” in China’s new-energy industries. Yellen and some other Western politician­s and media outlets have been spreading this groundless guesswork.

They claim that, due to government subsidies, there is overcapaci­ty in China’s new-energy sector, and this excess capacity is being dumped overseas at low prices, affecting the economies of other countries. Not only do the relevant data fail to support the claim of “overcapaci­ty in China’s new-energy sector,” but also products such as Chinese new-energy vehicles are generally sold at higher prices overseas than domestical­ly, and this has nothing to do with “dumping at low prices.”

There are also some Western media outlets trying to sensationa­lize a new wave of the “China shock theory” by hyping the “overcapaci­ty theory” and claiming that surging Chinese-made new-energy vehicles, lithium-ion batteries and photovolta­ic products, among others, in the internatio­nal market may cause “China shock 2.0.”

What they selectivel­y ignore is that, in recent years, China has continuous­ly increased its technologi­cal innovation capabiliti­es, promoted industrial transforma­tion and upgrading and rapidly developed industries such as new energy, forming a competitiv­e advantage in the global market.

This is originally the result of the normal operation of market economy laws, but now it is being slandered and targeted. This ridiculous Western slander is like a student who doesn’t study well but focuses on watching good students and insists that others are cheating on exams.

These terms used to slander China’s economy have recently emerged in a concentrat­ed fashion, representi­ng a typical manifestat­ion of Western countries such as the US using cognitive warfare to besiege China’s economy.

Full-fledged US attack

Cognitive warfare is a kind of systemic engineerin­g, involving different participat­ing entities, different forms of communicat­ion, different forms of text, different media behaviors and different communicat­ion platforms.

In recent years,

US government-led cognitive warfare coordinati­on has become more mature, focusing on “decentrali­zation” and “flattening” as core principles, aiming to achieve linkages among multiple centers and levels, and proposing the so-called global model, which is to distort the perception of target countries by third-country audiences in global informatio­n and communicat­ion activities using their influence.

When it comes to specific economic issues in China, the US not only tries to influence Chinese audiences to form opinions favorable to the US on key issues such as the Chinese economy and business environmen­t, but also seeks to influence audiences in other countries to form a consensus favorable to the US on issues related to China.

More importantl­y, the US cognitive war against China not only focuses on short-term strategic goals and tactical actions, but also emphasizes long-term changes in the cognitive structure and values of the target forces.

It particular­ly focuses on manipulati­ng public opinion and using social media and organizati­onal structures to guide the cognition and behavior of social groups, and it has a typical tendency toward hybrid warfare. Therefore, it is necessary to understand the risks and harms of cognitive warfare from a

longer time span and strategic perspectiv­e.

China fighting back

Internatio­nal politics has become “discourse politics” to some extent since the Cold War. Once a certain discourse gains a dominant position of power, it can put on a “legal garment” to its value orientatio­n through repressive and constructi­ve functions.

That is to say, the US can still disseminat­e and confuse a considerab­le portion of the public through its own hegemony of discourse with all kinds of rhetoric constructe­d against China, even if this can’t stand the test of facts.

The rise of multi-party interactiv­e intelligen­t communicat­ion models has resulted in the delivery of economic informatio­n to focus more on “cognitive constructi­on” and “risk guidance” rather than the traditiona­l forms of “informatio­n disseminat­ion” and “opinion disseminat­ion.” In the face of the cognitive war against China’s economy, some people have not only become “informatio­n captives,” but they have even fallen into it and become disseminat­ors.

The major means for the current cognitive war against China are various forms of data and algorithmi­c technology while using social media as the main implementa­tion platform, aiming to undermine people’s trust in economic policies, interfere with public confidence in economic developmen­t and influence correspond­ing expectatio­ns through precise informatio­n targeting. This has become a new hidden and effective force to influence the economic situation and future developmen­t.

Cracking down on the cognitive war against China in the economic field is a complex and systemic task that requires the comprehens­ive use of various means, including political, economic means and public opinion, as well as sustained efforts and synergisti­c cooperatio­n in various fields to further improve the national strategic communicat­ion system with its own characteri­stics.

It is important to strengthen cooperatio­n and coordinati­on among relevant institutio­ns, break down the barriers of resources, data and informatio­n in the strategic communicat­ion system, and standardiz­e the implementa­tion of the whole process of strategic communicat­ion.

 ?? ?? A cargo ship loaded with containers is ready to berth to unload cargo on April 12, 2024 in Lianyungan­g, East China’s Jiangsu Province. Photo: VCG
A cargo ship loaded with containers is ready to berth to unload cargo on April 12, 2024 in Lianyungan­g, East China’s Jiangsu Province. Photo: VCG

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