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Asian nations benefited from globalization, says China C.Bank advisor

Huang Yiping, a Chinese central bank advisor, warned at the Boao Forum that U.S.-led globalization may reverse, despite benefiting many Asian countries, including China. The forum, often called Asia’s Davos, is taking place in Hainan, China.

Reuters ASIA
Published March 26,2025
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Many Asian countries including China have benefited from globalisation, Huang Yiping, an advisor to China's central bank and a professor at Peking University, said on Wednesday at the Boao forum.

There is a risk that the U.S.-led globalisation may reverse, Huang said.

The Boao Forum, an international summit seen as Asia's version of the World Economic Forum in Davos, Switzerland, is being held in China's Hainan province from Tuesday through Friday.