News / Rumours of the demise of globalisation may be exaggerated

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Despite evidence of China-US decoupling, claims of globalisation entering its end-game appear ill-judged, according to DHL’s latest Global Connectedness Index (GCI).

Unveiling the results of its annual study in Dubai, author Steven Altman, of the New York University Stern Business School, said globalisation did face challenges, but the data indicated it was still on the rise.

“Looking at average distance travelled, we found that long-distance trade was growing faster than regional,” he said.

“This was true in 2020 during the pandemic, and 2021. ...