China’s President Xi Jinping said global rules cannot be imposed “by one or a few countries” and attempts to “decouple” would not benefit any nation.
Daily Current Affairs Quiz 2021
Headquartered in China, the Boao Forum for Asia (BFA) is an international organization jointly initiated by 29 member states.
BFA holds its annual conference in Boao, Hainan on a regular basis.
The founding purpose of BFA was to promote economic integration in Asia. Its mission now is to pool positive energy for the development of Asia and the world.
The first conference of BFA was held on Feb. 26-27, 2001 in Boao, Hainan Province, China.
The forum, sometimes known as the “Asian Davos” is modelled on the World Economic Forum held annually in Davos, Switzerland.
Its fixed address is in Bo’ao, Hainan province, China, although the Secretariat is based in Beijing.