Bali Declaration proof of world’s trust in Indonesia
Minister of Finance, Sri Mulyani Indrawati (second right) and Minister of Foreign Affairs, Retno Marsudi, look on as President Joko Widodo (center) officially closes the G20 Summit in Nusa Dua, Bali (ANTARA FOTO/G20 Media Center Indonesia/Zabur Karuru/wsj) BALI: The approval of the Bali Leaders’ Declaration by the G20 leaders has demonstrated the world’s trust in […]
Hacking the way of peace through the G20
By Eddy Suprapto Chief Editor of Masagar News JAKARTA: The Russo-Ukrainian war has entered 74 days but there is no sign of settlement and peace. The passion of the leaders of the two countries is more prominent than the interests of the general public. Although war is never a permanent solution to any problem. Even wars […]
G20 upholds spirit of partnership, copes with common challenges
Chinese President Xi Jinping arrived in Osaka, Japan on June 27 for the 14th Group of 20 (G20) summit. It marks the seventh consecutive time for the Chinese President to attend or chair the G20 summit, reflecting the high importance China attaches to G20 cooperation and global economic governance. The G20 was formally established in […]
G20 sticks to its original aspiration
World economy is picking up, but still faces weak growth momentum, increasing hindrances, and even the risk of derailment. Meanwhile, unilateralism, trade protectionism and hegemonic practices are sweeping the world, attacking the global economic order and reducing confidence in international trade and investment. Worried about the current global economic situation, the international community is looking […]
Interconnection generates synergies for world economy
How to further build an interconnected world economy has become a common task facing the international community when unilateralism and protectionism are seriously impacting the international economic order and markedly adding risks and uncertainties to the world economy. The G20 is a premium forum for international economic cooperation. It represents two thirds of the world’s […]
Only mutual trust, mutual benefit lead to win-win results
Recently, some US politicians have acted irresponsibly and unjustly when dealing with international cooperation, especially major country relations. They constantly released signals of confrontation, with a wishful thinking that Uncle Sam might steal a win from the zero-sum game. Chief economics commentator Martin Wolf of Financial Times has well described the arbitrary acts of the […]
Innovation opens up new possibilities for global economic growth
The world economy is currently confronted with slackening growth and rapidly mounting risks. Unilateralism and protectionism, placing severe impacts on the international order and the multilateral trading system, have become the largest risks that threaten global economic stability. “Innovation holds the key to fundamentally unleashing the growth potential.” Chinese President Xi Jinping’s remarks on building […]
G20 Osaka summit could be game changer if China, Japan explore BRI possibilities
It seems the days when Japanese brands were hotly favored in the Chinese market are gone. However, tangible signs still exist of strong trade and investment ties between the two East Asian economies. Beliefs are also firmly held that wide-ranging China-Japan cooperation, especially the bonds between the two nations concerning the exploration of business opportunities […]
Open cooperation, joint development remain a thoroughfare
The World Bank’s global growth forecast for 2019 stood at 2.6 percent, the lowest in the recent three years, while the global trade growth this year was also revised down to 2.6 percent, the weakest since the global financial crisis 11 years ago. The trade friction unilaterally provoked by the US is widely believed by […]
Win-win cooperation remains the only right choice
Chinese President Xi Jinping will attend the 14th Group of 20 (G20) summit in Osaka, Japan from June 27 to 29 at the invitation of Japanese Prime Minister Shinzo Abe. It will be the seventh consecutive time that President Xi to attend or chair the G20 summit, which reflects the great importance attached by China […]
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