In a bold speech at a U.S.-based forum organized by the China Institute, renowned economist Jeffrey Sachs pushed back against the narrative that China poses a threat to America’s economic future. 🎤💬 ‘There’s no such thing as China’s gains being America’s losses,’ Sachs declared, spotlighting the flawed logic behind zero-sum thinking. 🔄
The Columbia University professor, known for his sharp critiques of mainstream economic discourse, dismissed claims of China’s decline as ‘ignorant.’ 📉 ‘Global growth isn’t a competition with one winner,’ he emphasized, urging collaboration over confrontation. 🤝
With tensions simmering over trade and tech, Sachs’ message cuts through the noise: cooperation, not competition, could unlock solutions to shared challenges like climate change and inequality. 🌱💡
The forum’s timing is key—as young professionals and students globally seek nuanced takes on U.S.-China dynamics, Sachs offers a reality check. 🧠✈️
Reference(s):
cgtn.com