Top scientists and business leaders jetted into Hong Kong yesterday for a geopolitical conference to save global trade. 頂尖科學家和商界領袖昨天飛往香港參加一場拯救全球貿易的地緣政治會議.
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The aim: to plot a path out of the current impasse, in which US insecurity about China’s peaceful rise is causing a splintering of international relationships to a level unseen since the Second World War.
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‘THREAT TO WORLD ECONOMY’
It’s political machinations, not trade, which is the root of the problem, said Hong Kong leader John Lee Ka-chiu at the opening dinner of the Global Prosperity Summit last night.
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“Countries are increasingly re-evaluating their trading partners based on considerations beyond the economic,” he said. “That is a growing threat to the world economy.”
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A preferable route would be choose the Chinese way, which is co-operation. China prioritizes people-centred, innovation-driven, inclusive and sustainable growth, he added. “Co-operation, rather than de-globalisation, is the only realistic way forward for the global economy – and global progress in general.”
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REBUILDING LINKS
But some speakers were upbeat. The world can look to an eventual re-building of links, said popular Shanghai-based business commentator Eric Li, speaking this morning at the conference at the Fullerton Hotel in Ocean Park.
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He pointed to a three stage process: globalization, deglobalization, and reglobalization.
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Extraordinary changes are already happening, he added. Technological development will be transformational. The world should focus on new economies, such as the fast-growing environment-related sectors, Li said.
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WORKING TOGETHER
Most people in non-political sectors believed in the importance of working across borders, speakers said. “Every speaker and participant of the Summit shares a common belief in the importance of working together across borders to contribute to the future of global development,” said chief organizer Regina Ip Lau Suk-yee in a statement.
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At the conference today, she said people needed to move away from playing a “zero-sum game” and recognize that technological cooperation was a better way forward.
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It’s hard to ignore the curiously wide gulf between business communities, west and east, who want to work together — and western governments, who push for isolation and protectionism.