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'China's economic responsibility' theory irresponsible

By Guo Jiping
0 CommentsPrint E-mail People's Daily, August 17, 2010
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8. History is like a mirror and people made progress by learning from the past.

In the reform of the international financial system, those countries playing the dominant role should reflect and take actions. In the long run, any country that avoids responsibility will harm others but bring no profit to itself either, and shifting the crisis on to others will only worsen the crisis.

Currently, the world economy is gradually recovering. However, the foundation of the recovery is not solid. In order to get out of this difficulty, countries worldwide need to continue to enhance their cooperation.

Countries worldwide recovered from the financial crisis by cooperating with others. Now they also need to cooperate to promote the world economy to develop in a sustainable and balanced manner.

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