Now that the Tibet Autonomous Region has successfully shaken off the scourge of extreme poverty, attention has turned towards future development.
Better than expected economic growth between April and June this year has fuelled promise that the impact of COVID-19 on China will not be as severe as first thought. But with an increasingly volatile international market fuelled by protectionism taking shape, ensuring the vitality of all market entities is a priority for the Chinese economy.
Washington must change its ways and drop the mindset if Americans are to have a future worth looking forward to. Its present path of hegemony and confrontation will inevitably lead to bleak prospects as the trajectories of past empires have demonstrated all too clearly.
The Global Development Initiative demonstrates China’s enduring commitment to uplifting the fortunes of the developing world.