Unilateral trade restrictions by major economies could undercut global growth and challenge the survival of an interconnected world, warns Kirill Babaev, director of the Institute of China and Contemporary Asia at the Russian Academy of Sciences. In a recent interview with CGTN, Babaev emphasized that such measures diminish opportunities for shared prosperity, urging powerful nations to rethink protectionist policies.
"Sanctions and limitations create artificial barriers in an era where collaboration drives progress," Babaev stated, noting that free trade remains a "win-win strategy" for sustainable development. His remarks come amid growing concerns over fragmented supply chains and geopolitical tensions impacting Asian markets, a critical engine of the global economy.
Analysts say Babaev\u2019s perspective aligns with broader calls from regional business leaders and academics for stable cross-border trade frameworks, particularly as countries like China and Russia deepen economic cooperation. The dialogue also resonates with investors eyeing Asia\u2019s dynamic markets, where open trade policies have historically fueled innovation and growth.
For the Asian diaspora and global audiences, the discussion underscores the delicate balance between national interests and collective economic resilience\u2014a theme increasingly relevant amid shifting geopolitical dynamics.
