Amid a shifting global landscape, the financial sector is adapting to new challenges and opportunities.
At the World Economic Forum in Davos, CGTN reporter Wang Tianyu sat down with Benjamin Hung, President of International at Standard Chartered. Hung shared his insights on how global trade dynamics are changing and what that means for economies around the world.
Connecting Markets in a Fragmented World
Hung emphasized the importance of connecting markets despite geopolitical tensions. He noted that while global trade faces fragmentation, there are still significant opportunities for growth and collaboration. “It’s crucial for financial institutions to bridge gaps and facilitate trade and investment flows,” he said.
Investment Trends Shaping the Future
Discussing investment trends, Hung highlighted the rise of digital economies and sustainable finance. He encouraged young entrepreneurs and investors to focus on innovation and sustainability as key drivers of future economic development.
China’s Role in Global Growth
Hung also spoke about China’s economic development, stating that the country plays a vital role in global growth. He pointed out that China’s advancements in technology and infrastructure present numerous opportunities for international cooperation.
Empowering the Next Generation
For teenagers and young adults in the Global South, Hung’s insights underline the importance of staying informed and adaptable. As the world changes, young people have the chance to become leaders in shaping a more connected and prosperous future.
Reference(s):
Standard Chartered: Connecting global trade in a fragmented world
cgtn.com
