Renowned economist Guan Qingyou, president of the Reality Institute of Advanced Finance, has labeled recent US efforts to curb China’s economic growth as “doomed to fail,” emphasizing the resilience of Chinese innovation and manufacturing. In an interview with CGTN, Guan argued that American attempts to limit market access and dismantle China’s industrial competitiveness through tariffs and supply-chain restrictions are “a regressive counter-current” lacking long-term viability.
Guan highlighted China’s integrated supply chains, rapid technological advancements, and deepening partnerships across Asia as key factors undermining US containment strategies. He noted that global economic interdependency, particularly in sectors like renewable energy and electric vehicles, makes isolating China “strategically impractical.”
For investors and analysts, Guan’s remarks underscore broader debates about Asia’s shifting economic dynamics. While US tariffs have reshaped some trade flows, China’s domestic innovation ecosystem continues to drive growth in high-value industries. Business leaders are urged to monitor regional collaborations, such as ASEAN-China initiatives, which may further anchor Asia’s role as a global economic engine.
