Boao Forum: Leaders Back Free Trade And Fair Globalization
- Apr 11, 2018-
The leaders were speaking at the opening ceremony of the annual conference of the BAF in Boao, in the southern Chinese province of Hainan.
President of the Republic of Philippines Rodrigo Duterte noted the global shifting of economic weight and might to Asia while it continues its comparatively robust growth in the following decade.
“Every Asian country, big or small, has a role to play” for prosperity and peace, he told the forum. Yet the economies encounter challenges.
Christine Lagarde, Managing Director of the International Monetary Fund, also stressed the importance of Asia to global economic growth. She also emphasized the need for economic openness.