Why cant Krugman always pass with China? _New China international _New China net

    Original topic: Krugman must work as politician

    The chart on August 29, 2000 participated in conference’s material picture for Krugman in Indonesian capital Jakarta. Xinhua News Agency/Reuters

    In 2010 does not start for several days, related China, US rub the question is passed on the rumor very much to be tight, this is in recent years rare. The American Wall Stree Journal in January 5 daily set the topic are “Krugman: Hits a trade war with China ” article, said how to deal with the Chinese trade surplus in the discussion to have one kind of more and more indignation in the US the mood. Once obtained Nobel prize economist Krugman recently the non-employer to flow through the Jinan educational world general acceptance the free trade, on publishes the article in New York Times, approved that solves the problem which with the protectionism American employment is insufficient. (On January 7 “Round the world Times”)

    What above mentioned was Krugman on December 31, 2009 publishes in the New York Times topic is “China, If Undersold US dollar, We Should Mail the Thank-you letter” article. He said in the article that “I forecast 2010 is China’s world, but the scene perhaps is not very attractive. With the Chinese related biggest problem, is actually the climatic change, but here I want to place the focal point in the exchange rate policy. China became the finance and trade might, world-wide not booming today, this policy speaks the white spot is the kind of plundering behavior.”

    The people note, after Krugman in the trip of May, 2009 China, always cannot pass with China, he publishes the article to carry on the accusation to China unceasingly, its expression one time compared to a violence. On October 25, 2009, Krugman published the topic was “Chinese the Cooperation” article in New York Times, accused monetary policy in China gratefully. He said that “the Chinese bad behavior is posing more and more big threat to other world areas.”

    From these articles, we are not difficult to see that Krugman is speaking for the US government obviously, acts as government’s spokesman. Actually, his viewpoint in the Western country, specially in the US is not the new, many trade protectionist has castigated China on the view. Around the financial crisis breaks out, the renminbi exchange rate has been taken by the European and American developed country government the important instrument which exerts pressure to the Chinese government, China with these countries successively about the trade joint meeting, will involve the exchange rate issue.

    Some people said that this is Krugman’s consistent attitude. Being in effect it is not so. Play consultant’s role with Krugman same time’s many economists and his good friend in the government, even holds the economical power authority, but Krugman continuously “out of office”. Although other people “out of office”, however, his heart actually does not have “out of office”. Krugman by the US official tone, accuses Chinese operation renminbi exchange rate, even pushes economic crisis’s responsibility to China, is an illustration. Because accuses Chinese operation renminbi exchange rate is a sign which some American politicians hit frequently.

    On actual, even if honored as by the international economy educational world “great prophet” Krugman, is impossible forever is maintaining mysterious and intelligent “talent” one side. In May, 2009, Krugman in the Beijing University Guanghua Management Institute lecture, he said to the audience that “I certainly will play dumb, and has violated very many silliness. I hold the optimistic attitude person to feel that to these does not trust. But the fact is, afterward American productive forces truly recovered, you are conceivable, I then very pessimistic, once suspected own judgment ability.”

    However, Krugman in accusing China the time has not played dumb. Why can Krugman unable to pass with China? In the final analysis, Krugman to accusation of China, has represented US government’s sound. Came in recent months, the US-led Western country has enlarged to trade protectionism dynamics in China, frequently carries on the trade sanction to China. At the same time, they while laissez faire US dollar depreciation, requests Renminbi revaluation of China, nothing but is to reduce to trade deficit in China, gets rid of the current financial crisis. The US present is taking advantage of its superpower’s status, as well as US dollar achievement international trade valuation currencie convenience, execution “weak trend US dollar” policy.

    Krugman and other Western educational worlds or politicians crave in the Renminbi revaluation, even the name must hit with China the trade war, has his goals. If the Western country forces the Renminbi revaluation successfully, suppresses the Chinese product to enter the European and American market, then prevents China to rise, even if do not harvest, even has the loss, so long as but can cause heavy losses to the Chinese economy, suppresses the Chinese high-speed economic development, this also serves the US and other Western country’s the interests, because a poverty and backwardness’s China is the Western country expected.

    Krugman flaunted repeatedly one for independent economy scientist, but his every action and every movement, are actually opposite with it. Wall Stree Journal believes that at the beginning of the year, the US most receives esteems, one of influence biggest economists materially to shout must hit with China the trade war, this astonishing. Krugman said that exchange rate policy in China is “depletive”, the incisiveness of intonation, compares favorably with any anti-Chinese to send the congressman. This saying spoke on the drop. Krugman sends to China biao behavior indicated that he by no means command respect economist, but is a full American politician. (Qiu Lin)

(Chief-editor: Feng Yanqiang)