World leaders who gathered at the Boao Forum for Asia on China’s Hainan Island expressed concerns about rising geopolitical competition, decoupling, and fragmented supply chains. IMF Managing Director Kristalina Georgieva called for global cooperation and solidarity amid high uncertainties and geopolitical tensions, urging the world to promote economic growth to guide the world economy to a safer future. Malaysian Prime Minister Anwar Ibrahim also called for unfettered competition to give way to collaboration, and Ivory Coast Prime Minister Patrick Achi expressed that his country joined China’s Belt and Road initiative to promote development, taking China and other Asian countries as an inspiration for his own country’s economic growth.
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