The Washington Post reported the following:
Chinese officials, their nation’s growth linked to exports to Europe and the United States, joined the criticism, arguing that the ongoing sense of crisis showed the shortcomings of western-style democracy and culture.
“The issue is whether Europe can make a decision,” given the 17 parliaments that must approve an expansion to the euro’s bailout fund, Gao Xiqing, president of the state-owned China Investment Corp., said at an IMF panel discussion on Europe.
“You come down to the ultimate question: Can you pull it off?” Gao said. “Culturally, you need to change your way of living and change your way of spending.”