Schiller Institute's Richard Black Cited in Article on ‘Xiconomics’

On March 22, Xinhua news service released an extensive article on China’s current global economic policy, titled, “Xiconomics: Why China’s Vision for Development Can Help Promote Global Prosperity.” Early in the article, the authors quote the Schiller Institute spokesman: “Richard A. Black, a representative of the Schiller Institute at the United Nations in New York, said China’s achievement in poverty alleviation is a ‘quiet model and powerful inspiration to the people in Africa, Latin America and much of Asia. There are currently ongoing catastrophes of mass death by war, starvation and economic strangulation by Western nations’ sanctions,’ Black said, adding that ‘China has proven — by its actions, not by its words — an alternative pathway’ in terms of poverty reduction.” Black was the only voice quoted from the U.S., with additional comments from government officials and experts from Malaysia, Laos, Russia, Brazil, Cambodia and Egypt.