Benefits of GlobalizationWe don't think twice while using terms like liberalization, free trade, globalization, etc. quite liberally to picture a world with fewer restrictions and boundaries. Is globalization really an answer to the world economy problems? Read this article to find out.A long, ...
This approach promotes a vision of globalization that is inclusive and collaborative, helping developing countries overcome infrastructure deficits and integrate into the global economy. Development does not have to follow a one-size-fits-all approach. By focusing on governance that delivers tangible resu...
Though faced with an international situation full of chaos, noncooperation and underdevelopment trends, China's commitment to building an equal and orderly multipolar world emphasizes that it will not retreat from universally beneficial and inclusive economic globalization and will enhance regional opening,...
Experts expressed optimism about China's long-term social and economic policies outlined in the resolution on further deepening reform comprehensively, saying the modernization drive of the world's second-largest economy is of global significance. The resolution was adopted at the third plenary session ...
"Amid the tide of globalization, the Communist Party of China (CPC) has integrated the national development strategy with the world development trend and put forward the epoch-making concept of a community with a shared future for humanity," said Hu Jianjun, a member of the standing committee ...
With strong economic interdependence, China and Germany, as the world's second-largest economy and the EU's largest economy respectively, should continue to ride the irreversible tide of closer and mutually beneficial cooperation in the era of globalization, jointly injecting momentum into global econo...
He also reaffirmed South Africa's commitment to strengthening trade and investment ties with China. "South Africa and China can thrive in an interconnected world by forming strong partnerships, overcoming economic uncertainties and leve...
In recent years, the world has seen a rise in anti-globalization sentiment. Due to it, and the restrictions on traveling and transportation caused by the COVID-19 pandemic, parts of the global industrial chain and supply chain were brought to a halt. China's domestic economic circulation was...
JACKSON HOLE, Wyo. (MarketWatch) -- Economic policymakers have to make sure that enough segments of society feel the benefits of globalization in order to guard against protectionism, Federal Reserve Chairman Ben Bernanke said Friday.
This chapter lays out the main theses of the book as regards the significant net benefits of globalization that have accrued to the United States as the leading advanced economy in the global system and the policy adjustments that need to be made to ensure that adequate assistance is provided ...