In a recent interview with CGTN, Dominic Barton, chairman of global mining giant Rio Tinto, emphasized the critical importance of the global supply chain in driving economic growth and reducing poverty worldwide. “A lot of the growth experienced in the global economy, along with lifting hundreds of millions of people out of poverty, is attributed to a global supply chain,” Barton stated.
Barton dismissed the notion of decoupling major economies as impractical and counterproductive. “This idea that we’re going to decouple is just ridiculous,” he asserted. He highlighted how interconnected economies have fostered development and innovation across the globe, particularly in Asia.
As tensions rise between some nations over trade policies and supply chain dependencies, Barton’s remarks underline the potential risks of disrupting established economic relationships. He called for continued collaboration and open trade to sustain growth and address global challenges.
Rio Tinto, a leading global mining company, has significant operations and partnerships across Asia. Barton’s insights reflect the broader business community’s concerns about the consequences of isolating economies and the need to maintain strong international ties.
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Rio Tinto chairman: 'Idea that we're going to decouple ridiculous'
cgtn.com
