The rich countries boast the largest number of the biggest multinational corporations (MNCs), like Apple, McDonald's and IKEA. These MNCs have operations overseas, where operation costs are lower, to jack up their profits and then remit back the lion's share of that, leaving the assembly line workers in developing countries with only crumbs.
So what has led to the rise of anti-globalization sentiments in the West? The key reason is the increasingly unequal distribution of the economic pie despite the fact that it is growing larger.
What's more, it seems that the policymakers in these countries are pandering to these sentiments, either because they too believe in the arguments or because they want to court votes. But those who rant against globalization tend to forget that the West remains the biggest beneficiary of economic globalization.
TOKYO－The names of 3,607 members of the Imperial Japanese Army's clandestine Unit 731, known for conducting heinous live germ and chemical warfare experiments on thousands of Chinese victims, have been disclosed by the National Archives of Japan, a research professor said on Monday.
Lhakpa says that she would have liked to be a doctor or an airplane pilot, but that as a girl growing up in the Sherpa ethnic community with her four brothers and seven sisters, she wasn't allowed to attend school.
Xi will host the four major events in China this year, and will participate in the BRICS Summit in South Africa, APEC Meeting in Papua New Guinea and the G20 Summit in Argentina, he said.