Blame Canada

Xinhua: Four big questions about China's economy and their answers

1. Does China's recent stock market rout mean the Chinese economy is in trouble? No.

2. Does the Chinese yuan's recent devaluation mean Beijing is resorting to competitive depreciation to shore up the economy? No.

3. Is China's economy heading for a hard landing? No.

4. Who is to blame for the recent turbulences in the global financial market? Probably the United States.