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IS GLOBALIZATION WORTH SAVING?
Globalization—the increasing interdependence of the world’s economies brought about by cross-border exchanges in goods and services, technology, capital, and ideas—is among the most powerful forces of modern history. Over the past three decades, those exchanges have helped lift more than a billion people out of poverty. And yet, in recent years, the idea of open borders has come under attack. In Western countries, many middle-class workers blame globalization for lost jobs and increased income inequality. The U.S., once an unreserved champion of the idea of unfettered markets and shared knowledge, has withdrawn from trade agreements, imposed tariffs, and restricted the export of key technologies especially to China, which it increasingly regards as an economic and strategic rival. China, while defending the idea of an open global economy, has stepped up calls for economic self-reliance. The COVID-19 pandemic has led even the most ardent advocates of the free market to question the reliability of global supply chains—and brought the cross-border exchange of businesspeople, students, and tourists to a standstill. Can globalization be saved? Is it worth saving? And if so, what is to be done?

The agenda includes a conversation with our esteemed panel of experts:
- Craig J. Burchell, Senior Vice President Global Trade Affairs, Huawei Technologies Co. Ltd
- Keyu Jin, Professor of Economics, London School of Economics and Political Science
- Pascal Lamy, President, Paris Peace Forum and Chair, Brunswick Europe
- Kishore Mahbubani, Distinguished Fellow, Asia Research Institute, National University of Singapore

Moderated by:
Clay Chandler, Executive Editor, Asia, FORTUNE

Jul 21, 2021 05:00 PM in Hong Kong SAR

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