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Globalization is a reality, not matter of choice: China's bank governor
March 25, 2017 / 3:56 AM / 9 months ago

Globalization is a reality, not matter of choice: China's bank governor

BOAO, China (Reuters) - Globalization 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 Xiaochuan, Governor of the People's Bank of China, attends a news conference during the ongoing National People's Congress (NPC), China's parliament, in Beijing China March 10, 2017. REUTERS/Jason Lee

Zhou hopes to see clearer language on free trade and globalization 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.

Reporting by Elias Glenn; Writing by Ryan Woo; Editing by Robert Birsel

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