EditorialChina has made clear that the G20 summit opening on Sunday in Hangzhou will be different, with more developing countries than ever before invited to join the world's major economies. China, as the world's dominant developing country, would do well to take these lessons into consideration, especially in balancing growth against long-term environmental protection.The third concern is the danger that political conflict might hijack the Hangzhou summit. Territorial disputes and protectionist measures might scuttle the cooperation that's so desperately needed if fiscal progress is to be assured. The Trans-Pacific Agreement has been embraced by many nations, but alarms others with its potential to curb localised growth and initiative. Such conflicts have to be resolved, of course, but at this summit, it should be the reeling global economy that commands attention, so that the participants can unify around a cure.
Source: The Nation Bangkok September 01, 2016 13:41 UTC