
G20 Finance Chiefs Optimistic on Global Economy, Urge End to Protectionism
G20 finance chiefs express optimism for a soft landing of the global economy and call for an end to protectionism, emphasizing cooperation amid multiple challenges.
News & Insights Across Asia
G20 finance chiefs express optimism for a soft landing of the global economy and call for an end to protectionism, emphasizing cooperation amid multiple challenges.
German Chancellor Olaf Scholz speaks out against protectionism and trade wars, emphasizing the importance of open trade and expressing confidence in facing global competition.
SCO member states jointly oppose protectionism and unilateral sanctions, emphasizing the need for an open, fair multilateral trading system to support global sustainable development.
SCO member states have expressed a united stance against protectionism and unilateral sanctions, emphasizing the need for an open and fair multilateral trading system to promote global sustainable development.
Despite changing leadership, the U.S. continues to escalate tariffs against the Chinese mainland, with President Biden expanding measures on strategic industries, signaling ongoing protectionist policies.
Chinese Foreign Minister Wang Yi warns that protectionism threatens Europe’s competitiveness and calls for sincere consultations to resolve trade disputes during meetings with French officials at the UN General Assembly.
As protectionism rises and trade barriers increase, can global trade continue to thrive without true globalization? Chinese Commerce Minister Wang Wentao and WTO Director-General Ngozi Okonjo-Iweala share insights.
Former Polish Deputy Premier Grzegorz Kolodko warns that Western protectionism in response to China’s economic rise is pushing the world towards a ‘second Cold War.’
The European Union’s anti-subsidy probe into electric vehicles imported from the Chinese mainland sparks concerns over protectionism, potentially undermining fair competition and impacting global free trade.
Bernard Dewitm, chairman of the Belgian-Chinese Chamber of Commerce, cautions Europe against imposing additional taxes on imports, warning that such measures could lead to mutual trade barriers and economic regression.
China has criticized U.S. accusations of industrial ‘overcapacity,’ calling them acts of ‘bullying’ and protectionism, highlighting double standards in trade policies.
U.S. economist Nicholas Lardy warns that labeling China’s new energy production as ‘overcapacity’ is an excuse for protectionism that could harm global economic growth.
Bloomberg urges Europe to embrace free trade over protectionism, highlighting German auto industry leaders who advocate for competition and cooperation with China instead of following US protective measures.
China expresses significant concern over the EU’s investigation into Chinese wind turbine suppliers, warning that protectionism could undermine global efforts against climate change.
At the second Forum on the Rule of Law in Global Digital Trade in Hangzhou, expert Mira Burri warned that geopolitically-driven protectionism poses a danger to the data-driven economy and global innovation.