Xinhua, Davos :
Global elites at the World Economic Forum (WEF) annual meeting this week have expressed confidence in free trade, saying it is a global consensus that is conducive to the prosperity of all parties.
With a slowdown in world economic growth and ensuing growing political and social problems, ideologies of anti-globalization and protectionism are gaining ground in some areas of the world, which have affected free trade.
Leaders of governments, international organizations as well as enterprises who attended the forum here have voiced their support for free trade.
British Prime Minister Theresa May gave an impressive speech to illustrate that the Brexit will still make a global Britain.
“The United Kingdom-a country that has so often been at the forefront of economic and social change-will step up to a new leadership role as the strongest and most forceful advocate for business, free markets and free trade anywhere in the world,” she said.
Christine Lagarde, managing director of the International Monetary Fund (IMF), expressed optimism about the world economic outlook.
The latest IMF report said global growth is estimated at 3.1 percent in 2016, 3.4 percent in 2017 and 3.6 percent in 2018, which is in line with the body’s October forecast.
“For the first time in years, economic growth is not being revised down,” Lagarde said.
Global elites at the World Economic Forum (WEF) annual meeting this week have expressed confidence in free trade, saying it is a global consensus that is conducive to the prosperity of all parties.
With a slowdown in world economic growth and ensuing growing political and social problems, ideologies of anti-globalization and protectionism are gaining ground in some areas of the world, which have affected free trade.
Leaders of governments, international organizations as well as enterprises who attended the forum here have voiced their support for free trade.
British Prime Minister Theresa May gave an impressive speech to illustrate that the Brexit will still make a global Britain.
“The United Kingdom-a country that has so often been at the forefront of economic and social change-will step up to a new leadership role as the strongest and most forceful advocate for business, free markets and free trade anywhere in the world,” she said.
Christine Lagarde, managing director of the International Monetary Fund (IMF), expressed optimism about the world economic outlook.
The latest IMF report said global growth is estimated at 3.1 percent in 2016, 3.4 percent in 2017 and 3.6 percent in 2018, which is in line with the body’s October forecast.
“For the first time in years, economic growth is not being revised down,” Lagarde said.
