Apec must stand firm against the tide of antiglobalisation
Zhang Jun says as the standard-bearer for effective regional integration, the grouping must redouble its efforts to deepen cooperation that leads to inclusive growth
Today, Brexit and rising populism in politics have emboldened the voices opposing globalisation. With protectionism on the rise, trade and investment are losing momentum as a driving force of economic globalisation.
After Brexit, the coming clash over globalisation
Under such circumstances, where should the economic integration of the Asia-Pacific be heading? How can we avert the risks of globalisation running in reverse? As the most important institution for economic cooperation in the Asia-Pacific, how should the Asia-Pacific Economic Cooperation forum play its leading role?
The difficulties arising from economic globalisation and regional integration should not be denied. However, in the long run, globalisation will not stop here. Rather, it will gear up and enter a new stage. As a region with the greatest development potential and vitality in the world, the general trend of Asia-Pacific integration still holds a bright future.
Globalisation has already brought various economies closer together. More importantly, trade and investment cooperation is not a zero-sum game, and all economies can benefit.
Trump, trade and the TPP: what to expect at the Apec summit in Peru
