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China Voice: High time to reinvigorate globalization against protectionism

Xinhua, September 2, 2016 Adjust font size:

and therefore open to the charge of stealing growth or jobs from other economies -- the country has cut surpluses from over 10 percent of GDP to 2.7 percent last year, on par with the United States.

On the investment front, the Chinese legislature is reviewing amendments to existing laws that will considerably lower obstacles to inbound investment.

At a difficult moment in globalization when nativist populism and a sour mood has spawned outright protectionism, wiser world leaders must stop the rot and revitalize trade and investment. Endi