HomeLatestChina's world picture as financial powerhouse faltering: Report

China’s world picture as financial powerhouse faltering: Report

Beijing [China], July 27 (ANI): China’s worldwide picture as an financial powerhouse is faltering throughout high- and middle-income nations, Al Jazeera reported citing Pew Research Center survey.

The survey launched on Thursday discovered largely unfavourable opinions on China. 67 per cent of respondents shared unfavourable views about Beijing whereas 28 per cent had optimistic perceptions, Al Jazeera reported.

More than 30,000 adults participated within the Pew survey which was carried out in 24 nations, together with the United States, Mexico, Germany, Australia, Brazil, Israel, Nigeria, Japan and India. The unfavourable views about China have been largely concentrated in high-income nations like Australia, Sweden, South Korea and Japan.

The unfavourable views concerning China have been notably excessive within the United States, in response to Al Jazeera report. 50 per cent of respondents within the US named China as the best menace to Washington in an open-ended query. Furthermore, 17 per cent of respondents named Moscow as a menace to Washington.

Respondents in nations like Indonesia, Nigeria, and Mexico expressed much more optimistic views of China, possible because of varied elements, from its position in supplying 5G web to middle-income nations to investments by way of tasks like Belt and Road infrastructure initiative. In India, 67 per cent of respondents shared unfavourable views of China. 33 per cent of respondents named China because the world’s prime financial energy whereas 42 per cent selected the United States, Al Jazeera reported citing the survey.

Meanwhile, China’s makes an attempt to rebrand itself as a world peacemaker this 12 months have additionally faltered even after it brokered a re-establishment of ties between Saudi Arabia and Iran. Beijing additionally supplied to play an identical position in Ukraine and Palestine.

Speaking to the Pew Research Center, 71 per cent of respondents stated they suppose China “does not contribute to global peace and stability” whereas 23 per cent shared a optimistic opinion on Beijing’s diplomatic actions, Al Jazeera reported.

Another 57 per cent referred to as China an interventionist in world affairs, in response to Al Jazeera. The viewpoint of respondents is opposite to the picture that China has tried to challenge that it doesn’t get entangled in home problems with different nations.

Meanwhile, a number of Chinese prime leaders have identified that the Beijing financial system is going through “new difficulties and challenges,” The Standard Media reported. The leaders highlighted the considerations in a gathering of the 24-person Politburo on Monday.

China’s highest-ranking officers collect yearly on the finish of July to assessment the financial scenario earlier than their conventional summer season break in August. The leaders met in 2023 because the post-COVID restoration on the planet’s second-largest financial system was working out of steam, due largely to sluggish shopper spending, The Standard Media reported.

The Politburo agreed on Monday that Beijing should “implement precise and effective macroeconomic regulation, strengthen countercyclical regulation and policy reserves,” in response to state broadcaster CCTV. The assembly, headed by Chinese President Xi Jinping, additionally referred to as for efforts to increase home consumption and “adjust and optimize real estate policies in a timely manner.” (ANI)