How to avoid lose-lose? True multilateralism gives answer
10 months ago

How to avoid lose-lose? True multilateralism gives answer

China Daily  

Christoph Heusgen, chairman of the Munich Security Conference, attends the release of Munich Security Report 2024 in Berlin, Germany, Feb 12, 2024. The Munich Security Report 2024 published ahead of this year's Munich Security Conference expressed worries over the "lose-lose dynamics" amid growing geopolitical tensions and rising economic uncertainty. In the newly released Munich Security Report 2024, the West expressed concerns about the advent of "lose-lose dynamics," where many governments are no longer focusing on the absolute benefits of global cooperation. Whether it be the Partnership for Global Infrastructure and Investment by the Group of Seven, or the "Build Back Better World" plan by Washington, or the Global Gateway Initiative by the European Union, the Western brand-building exercise is, in Reuter's comment, only aimed at improving "relationships with developing countries to prevent them from falling into China's arms." While the West intends to make "politically like-minded" friends to avoid the lose-lose situation, true multilateralism, which China firmly stands by, is proving more persuasive.

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