Western media shouldn't speculate when reporting on China

Source:Global Times Published: 2017/6/14 23:43:51

Anbang Insurance said on its website on Wednesday that its chairman Wu Xiaohui cannot perform his duties for personal reasons, and has delegated his authority to other executives. According to a previous report by Caijing magazine, Wu was taken away for investigation last Friday in Beijing, but police have not confirmed the report. 

The news about Wu has garnered wide attention. In their reporting, foreign media outlets also referred to financial tycoon Xiao Jianhua, who was allegedly taken to assist in investigations, and the dismissal of Xiang Junbo, former chairman of the China Insurance Regulatory Commission.

It's still unclear what has happened to Wu. Chinese authorities are very cautious about the release of relevant information and won't publicize anything unconfirmed. The parties concerned don't want to be scrutinized either. It requires more patience in China to tease sensitive issues out.     

The Western media could make speculative reports, citing informal and unreliable sources. But Chinese society has no tradition of indulging in groundless speculation. When there is only a brief message about an individual incident, that doesn't mean the incident has special significance. 

Western media outlets interpreted Anbang's brief statement on Wu from a political perspective, linking it with the 19th National Congress of the Communist Party of China (CPC). They are reading the news through the wrong lens. China is a socialist country where capital doesn't dominate social affairs  and big corporations cannot decide the political trajectory of the nation. Big companies in the West can wield major influence on their nations' rulemaking and decision-making process, but it's different in China. Some Westerners often forget this, misperceiving that personnel reshuffles at a large Chinese company could exert an impact on the country's political process.

Western media paints a picture that political struggle is rife in China. It is actually what's happening in the US, but not in China. Inter-Party political unity is strong. From the 18th National Congress of the CPC to the Sixth Plenary Session of the 18th CPC Central Committee, "Xi Jinping as the core of the CPC" has been formed naturally and steadily. The 19th Party Congress is being prepared in an orderly way. Various stories of political struggle hyped by overseas forces are fabricated with ulterior motives.

The anti-corruption campaign is in full swing in China and there is progress on the rule of law. With this background, more people were found to have violated the law or have been involved in the investigations. In the circle of politics and business, people are now more rigorous in complying with the law, demonstrating that the anti-graft drive is making an impact on illegal activities.

No matter what the reason is behind Wu's stepping aside, the incident won't have a ripple effect as Western media has speculated. These media outlets need to understand that Chinese society is not built around a few entrepreneurs.


Posted in: EDITORIAL

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