China's economic success in face of growing US, EU protectionism

The Western press is filled with stories of foreboding about the Chinese economy. We are told regularly that China's fast growth is over, that China's data are manipulated, that a Chinese financial crisis looms, and that China will suffer the same stagnation as Japan during the past quarter century.

This is US propaganda, not reality. Yes, the Chinese economy faces headwinds -- mainly created by the United States. Yet China can -- and I believe will -- overcome the US-created headwinds and continue on its path of rapid economic development.