CAI MENG/CHINA DAILY
During the past four years, there has been a rise in the tide of anti-globalization, accompanied by evident increases in unilateralism and protectionism. Various destabilizing, unpredictable and unforeseeable factors have emerged, posing unprecedented risks and challenges to the global economy.
Against such a backdrop, the 14th Annual Meeting of the New Champions, also known as the Summer Davos Forum, which took place in Tianjin late last month, aimed to lead the international community in jointly exploring ways to address global economic risks and challenges, and together shape a more equitable, sustainable and resilient global economy.
Decoupling triggers risks
In the process of economic globalization, economies around the world have become more closely interconnected. In this regard, factors including production efficiency, growth potential and development…
