During a recent summit in Beijing, Chinese Premier Li Qiang addressed the growing challenges faced by the global economy, attributing them to increasing trade barriers and a trend towards ‘demondialisation.’ Highlighting the uncertainty caused by these developments, Li pointed out the significant rise in discriminatory trade measures since 2020. The summit included key figures from international financial institutions such as the IMF, WTO, and World Bank, focusing on the need for international cooperation to boost economic growth amidst tensions with countries like the United States under Donald Trump’s leadership.

Source