Core Viewpoint - The article highlights the persistent mispredictions by Western media regarding the collapse of the Chinese economy over the past three decades, contrasting these predictions with China's actual economic growth and resilience [1][2][4][5]. Group 1: Historical Predictions and Reality - In 1990, the CIA predicted that China would face economic and social crises by the year 2000, but instead, China became known as the "world's factory" [2]. - During the 1997 Asian financial crisis, Western media forecasted China's downfall, yet the Chinese government maintained the stability of the yuan, which helped stabilize the region [4]. - After China's accession to the WTO in 2001, predictions of economic destruction were made, but China saw significant export growth, becoming the world's largest exporter by 2009 [4]. Group 2: Economic Resilience and Growth - In response to the 2008 global financial crisis, China implemented a stimulus plan that led to a GDP growth of 9.2% in 2009, making it the only major economy to maintain high growth during that period [4][8]. - By 2020, despite predictions of entering a "middle-income trap," China's per capita GDP exceeded $10,500, nearing the high-income threshold defined by the World Bank [6]. - In 2021, China's GDP growth rebounded to 8.1%, contrasting with the weak recovery in the US and Europe during the same period [8]. Group 3: Structural Changes and Global Position - China's trade structure has evolved from low-end manufacturing to high-end manufacturing and self-branded products, with its manufacturing sector accounting for 31% of the global total [10]. - In 2023, China's exports of new energy vehicles reached over 1.2 million units, representing nearly 50% of global exports in that category [10]. - The actual use of foreign investment in China reached 1.13 trillion yuan in 2024, showing a year-on-year increase of 6.3%, primarily directed towards high-end manufacturing and new energy sectors [12]. Group 4: Media Narratives and Economic Analysis - The article argues that the narrative of China's impending economic collapse is more about media bias and less about factual economic analysis, as the data consistently contradicts these predictions [10][14]. - The persistent negative predictions serve to satisfy a narrative of anxiety rather than rational analysis, as they fail to acknowledge the alternative paths of development and modernization that China has successfully pursued [14].

Core Viewpoint - The article emphasizes the importance of trade cooperation and the detrimental effects of protectionism on global economic collaboration, asserting that mutual benefits and open cooperation are essential for economic prosperity [1][2][5]. Trade Dynamics - The article critiques the prevailing notion in the U.S. that trade deficits equate to losses, arguing that imports enhance national welfare and that halting imports would lead to higher costs for consumers [2][3]. - It highlights that the U.S. trade deficit is primarily driven by its domestic economic model characterized by low savings, high consumption, and high debt, necessitating imports to fill the investment gap [3]. China’s Trade Strategy - China is expanding its diverse and balanced trade partnerships, with significant growth in trade with the EU and ASEAN, indicating a shift towards a more resilient trade structure [4]. - The article notes that China's trade with ASEAN reached 1.71 trillion yuan, a 7.1% increase, and trade with Belt and Road Initiative countries grew by 2.2% [4]. Economic Integration - The integration of domestic and international trade is advancing, with 87,000 industrial enterprises achieving integrated operations, reflecting a 6.3% growth [4]. - The article mentions that over 2,200 enterprises are leading in this integrated approach, enhancing the synergy between international and domestic markets [4]. Future Outlook - The article concludes that China's ongoing participation in global technological revolutions and industrial transformations will bolster its economic development, countering narratives of economic collapse [5].