Written by Hamburger

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Topics: China

Tuesday, 10 May 2011

China's announcement to adopt the Monroe Doctrine has been criticized by U.S. government officials as "yet another threat to U.S. interests abroad."

"Given the choice between democracy and the Monroe Doctrine, one could clearly see why China has chosen the Monroe Doctrine.", an unnamed Western scholar said.

"Democratic government requires strong capitalist institutions in order to guarantee campaign funding. China might just not be at this stage yet." Asked whether he was being cynical in his reaction, the scholar denied.

Earlier this week, the U.S. had asked China to "buy more goods produced in the U.S.", and to "adopt a more sophisticated financial system".

China was quick to point out that adopting the Monroe Doctrine would "go a long way" in insuring crucial access to raw materials, "last but not least" for American businesses manufacturing in China.

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