What Is Globalization?
What Is Globalization?
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On November 5, during the Hongqiao International Economic Forum at the China International Import Expo, Yi Xiaozhun, former deputy director-general of the WTO, also China's former vice minister of commerce, remarked that the World Trade Organization has driven rapid economic globalization over the past 30 years. In response to complaints from some developed countries about "losses" from globalization, Yi pointed out that these countries have actually benefited from the low inflation, low costs a
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