As the world enters a new decade, the key word for what is to come is uncertainty.
As the world enters a new decade, the key word for what is to come is uncertainty. These include issues like the US presidential election, Brexit, global trade protectionism, the sluggish economic recovery and regional conflicts. Domestically speaking, downward economic pressure, the risk of a property bubble burst, overcapacity, the middle-income gap and a decline in exports continue to haunt China. It is a major challenge for the international order to catch up with such rapid changes. NewsChina invited leading politicians, economists and professors including Lawrence Summers, former president of Harvard University, Kishore Mahbubani, Singaporean academic and former diplomat, Stephen Roach, former chairman of Morgan Stanley Asia, and Moon Jae-in, president of South Korea, to write about the new trends of globalization, technology growth in developing countries, the challenges from vicious competition of countries, and denuclearization of the Korean Peninsula. Extensive consultation, joint contribution and shared benefits will prove crucial for the world in 2020 when opportunities and risks coexist.
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