The US government has so far said it was "disappointed" at Abe's visit. It should use much stronger words in denouncing Abe's acts and urge Japan to face up honestly to its past. After all, Abe's shrine visit came only 19 days after the 72nd anniversary of the attack on the Pearl Harbor, which drew the US into WWII.
Echoing Beck, president and CEO of Canada Pension Plan Investment Board (CPPIB), Mark Machin, who has been based in Asia for more than 20 years, said that with the center of gravity of the world economically shifting to Asia which has half of the world population and will continue to grow for many years, Canada, as an important country with a smaller population "has to engage with Asia, in particular China through trade and investment and many other aspects."
Exchanges in international energy, shipping, commodities and carbon trading will be established in Hainan. The island will also focus on developing modern service industries such as tourism, the Internet, healthcare, finance and hosting conferences and exhibitions.
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.
Chinese conglomerate HNA Group announced on Monday in Sanya, South China's Hainan province, a new strategic alliance with Singaporean firm GLP Logistic Properties Ltd, and the two sides will together forge a global logistics ecological network.
"We have the water and the land so we need to export commodity products and value added products and fit those technologies into China, where they will be rapidly used and seen as a way of collaborating rather than just selling tons of products," said Beck.
Meanwhile, 73 percent of Chinese executives believed that China has an environment conducive to innovation.
"China is everywhere in the media today. Being a player globally, China grows rapidly. But when we talk about China, there may be some negative images involved in the Western media," said Beck, who was Canada's Consul General in Shanghai in 1999, when Shanghai's development was beginning to take off.