G20 Summit to deal with rising anti-globalization sentiment – CCTV News – CCTV.com English

The G20 Summit is to take place amid weak economic recovery and the lowest rate of global trade growth in three decades. China would like to see G20 leaders resist protectionism and instead, seek economic growth through innovation and reform. CCTV’s reporter spoke to some of China’s brightest business leaders to hear their proposals to G20 leaders.”Globalization is nothing wrong. But we need to perfect it,” said Jack Ma, Alibaba founder & CEO.Alibaba founder Jack Ma is deeply concerned about the rising anti-globalization sentiment around the world.After Brexit in the UK, the US Presidential candidate Donald Trump said his country might withdraw from the WTO if he’s elected. People don’t like globalization, not because globalization is bad. If globalization can really benefit everybody, and enable every individual and small business to take part, it will be a great stuff. So we give our proposal, and I’m honored it’s been written into B20 policy recommendation report,” said Jack Ma.The proposal: launching an electronic World Trade Platform, or e-WTP. The aim is to enable small businesses to trade globally through e-commerce.

Source: G20 Summit to deal with rising anti-globalization sentiment – CCTV News – CCTV.com English

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