Unilateral trade restrictions are squeezing the life out of the global economy, warns Kirill Babaev, director at Russia’s Institute of China and Contemporary Asia. In a recent interview with CGTN, he stressed that such policies stifle growth and hurt everyone—from entrepreneurs eyeing Asian markets to students relying on affordable global goods. 🛑💼
"Free trade isn’t just policy—it’s survival," Babaev argued, urging major powers to ditch short-sighted sanctions. 🌐 His call hits home as supply chains sputter and inflation bites—think pricier smartphones, delayed fashion drops, or scarcer EV parts. 📱👗🔋
For young professionals tracking cross-border investments or travelers craving seamless cultural exchanges, the stakes are clear: cooperation beats confrontation. Will geopolitics pivot toward shared prosperity? Let’s hope so. 🤝✨
Reference(s):
Unilateral trade limitations threaten globalized economy's survival
cgtn.com