Can the global trading system adapt to our new reality? 🌍 On November 9, 2025, former WTO Director-General Pascal Lamy visited Guanghua School of Management to share his insights on the evolving landscape of international trade. His central message: globalization isn't reversing—it's simply entering a "new normal" characterized by slower growth and increased fragmentation. While challenges mount, Lamy remains optimistic about the multilateral trading system's future, with his note about China's role in the global trading system and encouragement for it to further advance its opening-up policy, with a particular focus on the services sector. The event was part of Guanghua's Thought Leaders Series and Linhu Think Tank International Distinguished Lecture, moderated by Professor Wang Dong, with Professor Tang Yao joining the dialogue. Dean Liu Qiao of Gunaghua School of Management attended the event along with over 150 faculty, students and guests. 📰 Read more about this event: https://en.gsm.pku.edu.cn/info/1051/6909.htm #GlobalTrade #WTO #Globalization #InternationalRelations #PekingUniversity #PKUGuanghua #ThoughtLeaders