G7 summit reflects paradigm shift in global governance agenda
Editor's note: The G7 summit to be held in the French seaside city of Biarritz Aug 24-26 will mainly focus on "fighting inequality" without perhaps going into the nitty-gritty of how to do so. How does the agenda reflect on the seven most industrialized countries in the world? Three experts share their views on the issue with China Daily's Pan Yixuan. Excerpts follow:
Macron wants to step into Merkel's shoes
Apart from boosting economic development, globalization has caused wealth to flow to those who own production factors, leading to widening inequality across the world. The discontent over inequality and traditional institutions' inability to solve the problem has led to the rise of populist movements such as the "yellow vest" movement in France.