‘Globalisation is a reality’

BOAO: Globalisation is a reality for all countries, and is not a matter of choice, the People´s Bank of China´s governor, Zhou Xiaochuan, on Saturday.

Zhou hopes to see clearer language on free trade and globalisation at a G20 summit in July, the Chinese central bank governor said at the Boao Forum for Asia.

This month, G20 finance ministers and central bankers dropped a pledge to keep global trade free and open in their communique issued after a gathering in Germany, acquiescing to an increasingly protectionist United States.