Since the reform and opening up, China's economic development has gradually evolved towards internationalization and modernization, creating promising results. The economic "powerhouses" of Europe and the US, however, have recently encountered a rare crisis. The US is currently facing an inflationary dilemma, and the persistence of the COVID pandemic has caused the world economy to suffer a considerable impact. In the face of the challenges ahead, China's door of opening will only get wider in a time of protectionism and counter-globalization.
World Insights
11-30 14:32:49