As China's central bank governor Cho Chiaochuan said in one
of the Forum for Asia, globalization is a reality of all countries and now it
has gone beyond likes and dislikes. This should be kept in mind by policymakers
of many countries that even though we do not live in an ideal global village,
this globalization has benefited countless people. And now it should be done
that we all support each other to improve the global business system. Indeed,
the benefits of globalization have been developed by countries.
People's income grew in developing countries and many came out of the poverty line. At the same time, the developed countries benefited from the fact that the companies there increased their scope in other countries and made the profits, dividing them into their designers. Although worrying about globalization in some countries is also increasing in the slow pace of the economy after the economic downturn, especially in developed countries. It is alleged that due to the fact that the production work went to other countries, there has been a problem of employment in them. Sadly, policymakers here also blame the developing countries for this, and their deteriorating emphasis on short-term prescriptions rather than any long-term treatment to improve economic health. By better sharing of domestic resources, they can accelerate their economy, but they have started threatening to shut their doors for other countries. Clearly, this will increase the risk on global businesses and the improved steps of the economy will stop there. The Chinese leaders are engaged in creating a climate with complete firmness in favor of globalization. In the inaugural speech of this forum, President Xi Jinping has called upon all the representatives to pursue a dynamic, inclusive and sustainable globalization process. This should be done. It is in the interest of the whole world. The flow of free trade and globalization continues in the vast ocean of the global economy.
People's income grew in developing countries and many came out of the poverty line. At the same time, the developed countries benefited from the fact that the companies there increased their scope in other countries and made the profits, dividing them into their designers. Although worrying about globalization in some countries is also increasing in the slow pace of the economy after the economic downturn, especially in developed countries. It is alleged that due to the fact that the production work went to other countries, there has been a problem of employment in them. Sadly, policymakers here also blame the developing countries for this, and their deteriorating emphasis on short-term prescriptions rather than any long-term treatment to improve economic health. By better sharing of domestic resources, they can accelerate their economy, but they have started threatening to shut their doors for other countries. Clearly, this will increase the risk on global businesses and the improved steps of the economy will stop there. The Chinese leaders are engaged in creating a climate with complete firmness in favor of globalization. In the inaugural speech of this forum, President Xi Jinping has called upon all the representatives to pursue a dynamic, inclusive and sustainable globalization process. This should be done. It is in the interest of the whole world. The flow of free trade and globalization continues in the vast ocean of the global economy.
Comments
Post a Comment