The United States has launched into paranoid hysteria by criticizing the United Kingdom for joining the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB), China's state-run Xinhua news agency announced on Friday.
"The US has again launched into paranoid hysteria by manifesting its skepticism toward China's creation of the Asian Infrastructure Investment Bank."
The editorial continues, saying that the US has been closing its eyes to China's constructive efforts such as the Silk Road Economic Belt, which aims to build an economic corridor between China and Europe. The editorial also notes that certain US politicians "sometimes simply cannot restrain themselves from making picky and irresponsible remarks" about China.
"This reaction of the US Government is nothing but childish paranoia toward China, which should not be surprising considering that Washington has long ago set itself on a wave of distrust."
The official commentary also added that while China seeks a mutually beneficial relationship with the United States, its current paranoia can only threaten future prospects:
"The US Government must understand that prejudice and deep-seeded strategic mistrust toward China cannot help develop healthy and strong relations with this Asian country."
On Friday, the US government expressed its disapproval of the UK's decision to become a founding member of the Asian Infrastructure Investment Bank. A senior US official told the Financial Times that he is "wary about a trend toward the constant accommodation of China, which is not the best way to engage a rising power."
Comment: Yes, the typical U.S. policy on "engaging a rising power" that isn't just a U.S. puppet state is to encircle it with its military, manipulate the economy to negatively affect it, and eventually orchestrate covert operations to destabilize it. Unfortunately for the U.S., such tactics are much more difficult against countries with strong leadership, stable economies, and power centers that are difficult to infiltrate like China and Russia.
In October, Australia decided against joining the new bank after US Secretary of State John Kerry reportedly personally asked Australian Prime Minister Tony Abbott to not join the bank.
Reader Comments
The trends of the world are not driven bye art or items of great importance. Trends are driven bye those with great power and those that surround them. Most would say sure this is obvious, but ignore the true meaning behind the words. The United States does not really care about another country's banking unless it has a great potential to effect itself or the great world economics. Having said that the huge increase in China's financial wealth has increased from the low wage labor giving it a true rising star of power. There is nothing wrong with the low wages or poor conditions they will get better as the values of its population grow. This trend has occurred over and over in all countries moving from 3rd to second to first world countries. Truthfully China is rising too fast, the United States has seen depressions and have tried to stave these off with control of banking. China has a short history in the United States mental picture as anything other then as a third world country. They fear the Chinese ability to maintain stability with its rising wealth. The U.S. may be the leading world power currently but the world is changing and all the strong countries have looked to the U.S. since world war 2 to maintain a role that the Americans never really wanted as a world police. The United Nations has tried to take over the role but has fallen short time and again. The Chinese are right to blast America for there fear that China will not be able to pick up the torch but they are also wrong in that the Americans are not paranoid nor hysteric they are simply reacting to what they feel is a trend that may or may not lead to a crisis. Maybe its semantics or simply what seems a strong word is over emphasized for ratings, what the Americans are doing is simply following there normal political maneuvers to slow a quick rise in the world market. We all know or at least most should know that when you run up a hill really fast you cant be sure what's just over the top. Will it be a long plain a slow rise a slow fall or the end of the road and a sharp cliff. The only ones who prosper bye unthinking strides up an unknown hill are the undertakers for every rise there will be a correction or fall and for ever cliff there will be many who suffer for those who shout down those that caution patience and understanding.