After successfully hosting the G20 in 2016, China calls on the membership in Hamburg to champion for an open world economy.
China further strengthened its position as a global leader at this month’s G20 Summit in Hamburg, Germany while the United States took measures to withdraw from the world stage.
Chinese President Xi Jinping stressed the benefits of globalization, free trade and economic growth and embraced China’s role in tackling climate change.
Meanwhile, U.S. President Donald Trump deepened the rift between the U.S. and the 19-other member countries with his decision to leave the Paris Climate Change Accord.
The group isolated Trump by declaring the international deal “irreversible.”
China also presented itself as a partner to Germany and, together, the two industrial powerhouses could pick up the leadership baton that the U.S. is accused of dropping.
Our panel of experts discusses this issue.
- Qinduo Xu, a political analyst with China Radio International.
- Andrew Small, a senior transatlantic fellow with the Asia Program at the German Marshall Fund
- Linda Yueh, an adjunct professor of economics at the London Business School and the author of “China’s Growth: The Making of an Economic Superpower”.
- Douglas Paal, vice president for studies at the Carnegie Endowment for International Peace in Washington, D.C.
The panel continues: