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Globalization gains wide praise

By Andrew Moody and Wang Linyan | China Daily | Updated: 2019-04-18 10:26

Experts from around the world say it has greatly reduced poverty and driven development

A leading academic said it is only a Western view that ordinary people have been left behind by globalization.

Amitav Acharya, distinguished professor of international relations at American University in Washington, said countries like China and other developing nations have seen unprecedented improvements in their living standards in recent decades.

He was responding to remarks by Klaus Schwab, founder of the World Economic Forum, who said recently that "a substantial part of society" had become disaffected with globalization since the global financial crisis of 2008.

"Whose society is he referring to? The polls show that people in China and India significantly support globalization," he said.

"I travel the world like Professor Schwab does, but I perhaps travel more in the developing world than he does."

Acharya, author of The End of American World Order, spoke with China Daily at the fifth annual China and Globalization Forum, held by the Center for China and Globalization, a Beijing-based independent think tank.

Leading academics, thinkers and businesspeople from China and around the world addressed the theme of the meeting, "Further Opening Up to Meet the Challenges of Globalization".

Daniel Ikenson, director of the Herbert A. Stiefel Center for Trade Policy Studies at the Cato Institute, a US think tank, said the debate about globalization should center more on which people have benefited or not from globalization, and not which countries.

"Most countries that partook in the (globalization) system benefited, but it is within each country - including the United States - where the benefits have been unequally distributed," he said.

Terry Miller, director of the Center for International Trade and Economics at The Heritage Foundation, another US think tank, believes globalization has delivered major benefits.

"Globalization has had tremendous success in reducing poverty worldwide here in China and in other countries," he said.

"The sort of commercial, economic and cultural linkages that are involved in globalization have been proved to contribute to peaceful interactions among countries, and it is really also the way forward to achieve a more prosperous future for the world."

Berenice Voets, director of public affairs of the Hinrich Foundation, a Hong Kong-based charitable foundation that promotes sustainable trade, said globalization had driven development and delivered people from poverty.

"The current model has perhaps reached an impasse, and there is an acknowledgment that we need new solutions and new rules to continue to make the system work," she said.

There was much debate among those attending the one-day forum on April 14 as to what those new rules should be.

Tim Stratford, chairman of the American Chamber of Commerce in China, said reform of the World Trade Organization, which sets the rules for international trade, should be high on the agenda.

"The United States and other countries have felt that the WTO architecture has not kept up with the demand and challenges of globalization," he said.

"If we can't reform the architecture, we may all end up in different regional groups."

Adam Dunnett, secretary-general of the European Union Chamber of Commerce in China, agreed that WTO reform was at the center of what was needed.

"A lot of the bilateral challenges and tensions we are facing today need a multilateral response and WTO reform is what is needed, particularly in relation to dealing with trade and investment issues," he said.

Many of the experts at the forum said they believed China was making constructive additions to the architecture of the global system with the Belt and Road Initiative - which will be the focus of the second Belt and Road Forum for International Cooperation later this month in Beijing - and the Asian Infrastructure Investment Bank, which was founded in 2016.

Justin Vaisse, director-general of the Paris Peace Forum, which held its first international summit last year, said China's agenda was not to smash the current system.

"China is naturally reclaiming its rightful place in the current institutions of global governance and it is also creating others. We in the West have to make sure we make room for China, but China at the same time should not duplicate or compete with existing institutions," he said.

Many agreed that greater understanding between nations was important for globalization.

One initiative in China that aims to achieve this is Schwarzman College at Tsinghua University, which was founded by the US financier Stephen Schwarzman.

It is based on the Rhodes Scholarships of Oxford University and runs a program aimed at producing the global leaders of the future.

Xue Lan, dean of the college, said the future of globalization was dependent on a shared understanding. "This is not just between China and the US but between India and China, China and Pakistan and other countries. This kind of global understanding is so important, and the best way to achieve it is through education," he said.

Acharya from American University believes too much of the debate about globalization is from a Western point of view.

He said it started, according to the West's narrative, with the invention of the steam engine in the UK, which gave birth to the Industrial Revolution and the so-called modern world.

"The idea that this small Western invention represents the first modernity is a very problematic concept. It ignores the fact that we had Muslims trading in the 8th Century, and the whole silk road was a form of globalization," he said.

"Until the 18th Century, China was the No 1 economy, and the Mughal Empire in India the No 2."

 CHINESE SILK ROAD

Leaders from 37 countries to attend second Belt and Road forum in Beijing

19 Apr 2019

Beijing, Apr 19 (efe-epa).– A total of 37 heads of state or government are expected to attend the second Belt and Road forum in Beijing next week to discuss China’s ambitious infrastructure project that aims to connect Asia with Africa and Europe via land and maritime networks.

Chinese Foreign Minister Wang Yi told reporters on Friday that apart from the 37 state and government heads, the Apr. 25-27 event will also be attended by representatives of up to 150 countries and international organizations, including UN Secretary-General Antonio Guterres and International Monetary Fund head Christine Lagarde.

Among the presidents or prime ministers likely to attend are from Italy, Portugal, Greece, Russia, Chile, Austria, Switzerland, Singapore, Philippines, Kenya, Pakistan, Egypt, Czech Republic, Hungary, Serbia, Mongolia, Vietnam and Thailand.

Many western countries won’t send their top leaders to attend the meeting. These include the US, Canada, the UK, Germany, France, Australia or Spain.

However, they their high-ranking representatives are expected at the event on the new Silk Road initiative that many nations suspect is China’s tool of cultivating its influence and burden countries with debt. Beijing has always rejected the charge.

Chinese President Xi Jinping will inaugurate the meeting on Apr.26 with a speech, which will be followed by a round table with the world leaders.

Wang said the second forum of the initiative seeks to attract high-quality cooperation.

He said there will be a conference specifically for the business community on Apr.25.

The forum with a theme, “Shaping a brighter shared future”, will focus on "boosting connectivity to explore new sources of growth, strengthening policy synergy and building closer partnership, and promoting green and sustainable development to implement the UN 2030 agenda," he said.

Some 126 countries have already joined the initiative that was launched in 2013 by Xi to develop cooperation with countries in central, south and southeast Asia, as well as with East Africa, for the construction of infrastructures to promote development and facilitate trade with China.

Wang stressed that the project now has a stronger foundation and more participants.

It, he said, "is becoming a clean road for cooperation, prosperity, openness, green development and a win-win outcome that will benefit all countries.”

“We need to cease the trend of the times to firmly support multilateralism and an open world economy, which is the sure path for the international community to rise up to the current challenges and achieve shared prosperity. Given the rising protectionism and unilateralism, it is all the more important to remain committed to multilateralism,” he added.

The first New Silk Roads Forum was held in May 2017, also in Beijing, with the presence of leaders from 28 states and the participation of representatives from 100 countries.

The initiative comprises of a Silk Road Economic Belt – a trans-continental passage that links China with Southeast Asia, South Asia, Central Asia, Russia and Europe by land – and a 21st century Maritime Silk Road, a sea route connecting China’s coastal regions with Southeast and South Asia, the South Pacific, the Middle East and Eastern Africa, all the way to Europe.

 

which is most exciting meet of 2019 to send your community's delegate to? example (lef below) beijing 14 april 2019 5th china Global summit ccg.org.cn

 

List of Attendees 5th annual CGB (web  twitter  ) Beijing 
founder wang huiyao
 twitter     (in alphabetical order by surname)

Amitav Archaya YoutubeCGTN  T Distinguished Professor of International Relations of American University Bethseda - beyond west as monopoly theorist of intl relations -cf wrj 
mahbubani

HE Edward Boateng 1 2, Ambassador of Ghana to China 15 bn fund  6500 ghana students in china- ghana was 2017's  Sheika mosa WISE education laureate  

Andrew Brownetw Editorial Director, Bloomberg New Economy Forum -see nov 20-22 event

Cao Degan 1, Director-General of Heren Charitable Foundation x china first .5bn fn; Former Deputy Governor of Fujian Province sb model -Charity Academy at Nanjing University,China Foundation for Poverty Alliance.

Chen Chi CEO and Co-Founder of Xiaozhu.com -chinese airbnb

Bao March 2019: Platform plus now needed in sharing ecinomy models: Chen believes in light of new technologies like 5G and IoT, supporting service providers,including cleaners, designers, photographers, and property managers, will further form an open social collaborative network, unleash space and help more people participate in and benefit from the sharing economy."This is the core value of Xiaozhu," said Chen. Jack Ma-Backed Yunfeng Capital Invested in Xiaozhu.com


Chen Dingding, Professor of International Relations at Jinan University presnetation bao mar 2019 Founder of 海国图智研究院, an independent think tank on international affairs in China. Professor of International Relations at Jinan University, Guangzhou, China
Chen Jian t Former Vice Minister of Commerce, CCG Advisor (Confirmed) 
Chen Deming, Former Minister of Commerce, President of MOFCOM China Association of Enterprises with Foreign Investment (CAEFI); CCG Honorary Chair (Confirmed)
Ronnie Chan, Chairman of Hang Lung Properties; CCG Co-Chair (Confirmed) HK and com100
Chen Wenling artnet, Chief Economist of China Center for International Economic Exchange (CCIEE), CCG Expert Advisor (Confirmed)
Giuseppe Crocetti, IOM 
Sri Lanka Chief of Mission, International Organization for Migration (IOM) (Confirmed)
Nick Coyle, CEO & Executive Director, AustCham Beijing (Confirmed)
Cui Fan, Professor at University of International Business and Economics (UIBE); CCG Nonresident Senior Fellow (Confirmed) 
Cui Mingmo
branding for made in china President of China Association for International Economic Cooperation (CAFIEC) (Confirmed)
Wendy Cutler, Vice President of Asia Society Policy Institute (ASPI) (Confirmed)
H.E. Ali Obaid Al Dhaheri,  t Ambassador of U.A.E. to China -30 years exp beijong
H.E. Clare Fearnley, Ambassador of New Zealand to China
Fu Chengyu, Former Chairman of Sinopec Group; CCG Advisor
Fan Wenzhong, Chairman of Beijing Financial Holdings Group; Former Director-General for Foreign Affairs at China Banking Regulatory Commission (Confirmed)
Fang Fang, Partner of Waterwood Investment Holdings; CCG Vice Chair (Confirmed)
Allan Gabor, President of Merck China
Gao Anming, Deputy Director of China Foreign Languages Publishing Administration
Dan Gao Zhendong, Founder and CEO of Positec, CCG Senior Vice Chair (Confirmed)
H.E. Diego Ramiro Guelar, Ambassador of Argentina to China (Confirmed)
Guan Xin, Founder and Chairman of Kuan Capital, CCG Vice Chair (Confirmed)
Guo Sheng, Chief Executive Officer, Zhaopin.com, CCG Senior Council Member
Linda He Mei, Chairperson and President of Wailian Overseas Consulting Group, CCG Vice Chair (Confirmed)
He Ning, Former Director-General of Department of American and Oceanian Affairs at Ministry of Commerce; Former Minister for Commercial Affairs at Chinese Embassy to U.S.; CCG Senior Fellow (Confirmed)
He Shenquan, Member of Editorial Board of of Global Times (Confirmed)
He Weiwen, Former Commercial Counsellor at Chinese Embassy in New York and San Francisco; CCG Senior Fellow (Confirmed)
He Yafei, Former Vice Minister of the Ministry of Foreign Affairs; Former Deputy Director of the Overseas Chinese Affairs Office of the State Council; CCG Co-Chair (Confirmed)
Hou Wenxuan, Chair in Corporate Finance at the Business School, University of Edinburgh; CCG Nonresident Senior Fellow (Confirmed)
Huo Jianguo, Former President of the Chinese Academy of International Trade and Economic Cooperation, Ministry of Commerce, CCG Senior Fellow (Confirmed) 
Daniel Ikenson, Director of Herbert A. Stiefel Center for Trade Policy Studies, CATO Institute (Confirmed)
Jiang Shan, Former Director-General of Department of American and Oceanian Affairs of Ministry of Commerce; CCG Senior Fellow (Confirmed)
Jiang Xipei, Chairman of Far East Holding Group; CCG Vice Chair (Confirmed)
Jin Xin, Director of China Center for Contemporary World Studies (Confirmed)
H.E. Ed Kronenburg, Ambassador of the Netherlands to China
Masahiro Kawai, Representative Director and Director-General, Economic Research Institute for Northeast Asia (Confirmed)
H.E. Lan Lijun, Director-General of China Fund of International Studies (CFIS); Former Ambassador of China to Finaland, Canada and Indonesia
Li Baiqing, Executive Director-General of CGE Peace Development Foundation (Confirmed)
Li Dongsheng, Chairman of TCL Group
Howard Li, Chairman and CEO of Waitex Group; Co-Chair of Committee of 100 Greater China (Confirmed)
James Liang Jianzhang, Co-founder and Executive Chairman of Ctrip; CCG Vice Chair (Confirmed) 
Liao Jianwen, Chief Strategy Officer, JD Group (Confirmed)
Leng Yan, Executive Vice President of Daimler China; CCG Senior Council Member (Confirmed)
Anthony Leung Kam-chung, Former Financial Secretary of Hong Kong Special Administrative Region, CEO of Nan Fung Group; CCG Senior Vice-Chair (Confirmed)
Liu Shijin, Deputy Director of Economic Council under the CPPCC; Vice President of Development Research Foundation under the State Council; CCG Advisor (Confirmed)
Liu Yanhua, Former Vice Minister of Science and Technology; Counselor for the State Counci of PRC (Confirmed)
Long Yongtu, Former Vice Minister of Commerce, Former Secretary-General of the Boao Forum for Asia, CCG Chair
Lv Kejian, Former Director-General of Department of Asian Affairs, Ministry of Commerce; Former Minister at the Chinese Embassy in Japan; CCG Senior Fellow (Confirmed)
Miao Lu, Vice President and Secretary-General of CCG (Confirmed)
H.E. Eoin O'Leary, Ambassador of Ireland to China (Confirmed)
Pang Zhongying, Professor at Ocean University of China; President of Ocean Development Advanced Studies Institute; CCG Non-resident Senior Fellow
Jacob Parker, Vice President of China Operations at the U.S.-China Business Council (Confirmed)
Michael Pillsbury, Director of Center on Chinese Strategy, Hudson Institute (Confirmed)
H.E. Miguel Angel Ramirez Ramos, Ambassador of Cuba to China (Confirmed)
Margaret Ren, China Chairman of Bank of America Merrill Lynch; CCG Vice Chair
Ruan Zongze, Vice President of China Institute of International Studies (CIIS) (Confirmed)
H.E. Nicholas Rosellini, UN Resident Coordinator in China (Confirmed)
H.E. Luis Schmidt, Ambassador of Chile to China
H.E. Ettore Francesco Sequi, Ambassador of Italy to China
H.E. Shen Guofang, Executive Director of China Fund of International Studies (CFIS); Former Deputy Representative and Ambassador of China to U.N.
Shi Yinhong, Dean of School of International Studies, Renmin University of China; Counselor for the State Council; CCG Academic Council Advisor (Confirmed)
Feike Sijbesma, CEO of DSM
Song Zhiping, Chairman of China National Building Materials Group Corporation (Confirmed)
Tim Stratford, Chairman of AmCham China (Confirmed)
H.E. Su Ge, Chairman of China National Committee for Pacific Economic Cooperation, Former Chinese Ambassador toIceland, CCG Advisor (Confirmed)
Su Hao, Director of Center for Strategic and Peace, China Foreign Affairs University; CCG Nonresident Senior Fellow (Confirmed)
Sun Jie, Former Director of Department of Asset Management at China Security Regulatory Commission; President of Asset Management Association of China, CCG Senior Fellow (Confirmed)
Tang Xiuguo, President of SANYI Group; CCG Vice Chair (Confirmed)
Teng Jianqun, Director of the Department for American Studies and Center for Arms Control and International Security, China Institute of International Studies (CIIS); CCG Nonresident Senior Fellow (Confirmed)
Tu Xinquan, Professor and Dean of China Institute for WTO Studies, University of International Business and Economics (UIBE); CCG Nonresident Senior Fellow (Confirmed)
Justin Vaisse, Director-General of Paris Peace Forum (Confirmed)
Wang Feng, Editor-in-Chief of FTChinese.com (Confirmed)
Wang Shi, Founder of China Vanke; CCG Senior Vice Chair (Confirmed)
Wang Yong, Professor and Director of Center for International Political Economy at Peking University; CCG Nonresident Senior Fellow (Confirmed)
Wang Guangfa, Chairman and President of Beijing Fazheng Group (Confirmed)
Wang Huiyao, President of CCG, Counselor for the State Council (Confirmed)
Wang Linda, Chairperson of Beijing Yihai Properties; CCG Vice Chair (Confirmed)
Wang Xiaochu, Former Vice Minister of Human Resources and Social Security; Vice Chairman of NPC Foreign Affairs Committee; CCG Advisor
Wang Yi, Founder and CEO of LAIX (Confirmed)
Jeremie Waterman, Vice President of Greater China at the U.S. Chamber of Commerce
Xue Lan, Dean of Schwarzman Scholars, Tsinghua University (Confirmed)
Yang Rui, Host of CGTN, CCG Nonresident Senior Fellow (Confirmed)
Yu Hongjun, Former Vice Minister of the International Department of the CCP Central Committee; CCG Advisor
Yu Yunquan, Vice President of Institute of Contemporary China and World Studies (Confirmed)
Yuan Peng, Director-General of China Institutes of Contemporary International Relations (Confirmed)
H.E. Wojciech Zajaczkowski, Ambassador of Poland to China (Confirmed)
Zha Daojiong, Professor of the School of International Studies of Peking University; CCG Academic Committee Advisor (Confirmed)
Zhang Hongli, Co-Chair of HOPU Fund; Former Senior Executive Vice President of the Industrial and Commercial Bank of China (ICBC), CCG Vice Chair (Confirmed)
Zhang Huarong, President of Huajian Group, CCG Vice Chair (Confirmed)
Zheng Yongnian, Chair of CCG Expert Advisory Committee; Director of East Asian Institute, National University of Singapore (Confirmed)
Zhou Mingwei, Former Director-General of China Foreign Languages Publishing Administration

 

 other examples to meet world record jobs creator sheika moza- nov 2019 7the wise education laureates qatar

to meet 100 banking delegations of infrastructire aiib in luxembourg july 2019

 to relaygood will in japan's new era of reijajpoy.com various events up to summer olympics 2020

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2nd Belt and Road Forum

As the Chinese economy matures decades after its opening up, the BRI was conceived to capitalize on this momentum. The revival of the ancient Silk Road is a sign that China is transitioning from committing raw manpower to doling out infrastructure loans, in its aim to promote better livelihoods around the world and build interconnectivity with sustainable investment projects.

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