You are here

Showing more discord than cooperation

The Hangzhou Summit highlighted G-20 leaders' disagreements on issues, their reluctance to tackle immediate crises, and their struggle to manage globalisation.

Two broad themes stood out in the summit: first, competition among the world's great powers is, if anything, increasing; second, the economic underpinnings of the current order are under threat not from global leaders' disagreements but because of a widespread popular sense that governments do not know how to manage globalisation.

New Haven, Connecticut

THIS week's Group of 20 (G-20) summit of world leaders in Hangzhou, China displayed more signs of discord than cooperation. In theory, the annual meeting of those leading 20 of the world's largest economies is designed to explore political and economic collaboration...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to