Opinions
A New Concept of Freedom in the Post-Covid Era
Geopolitical tensions and the enhanced role of governments will bring about a return to more extensive industrial policies in many developed countries. It is therefore possible that misallocated resources and subsidies to certain industries will result in further tensions in global trade and commerce. As a result, new mechanisms are needed for building global cooperation and containing conflicts, otherwise the law of the jungle will prevail, writes Xu Sitao, Chief Economist, Partner of Deloitte China, and speaker at the third session of the 18th Annual meeting of the Valdai Discussion Club, titled “A Closed Society and Its Friends. Who Needs Freedom and Why?”