With the development of capitalism, globalization with trade expansion has begun. After the 1950s, developed countries became the main driving force of

globalization, economic globalization gained unprecedented development, and some developing economies also entered the middle and high incomes because of globalization. However, antiglobalization has also been accompanied by the process of globalization. In recent years, some developed countries that originally supported globalization have begun to oppose globalization, and have taken some substantive actions, and the socalled “antiglobalization” trend of thought has emerged. This paper analyzes the process and results of globalization from the perspective of developing countries and developed countries, and analyzes the reasons for the emergence of reverse globalization from the aspects of global inequality of wealth distribution and intensification of internal distribution in developed countries. Although the uncertainties in the development of the world economy have increased because of antiglobalization and even reverse globalization, the general trend of globalization is still irreversible. The “Belt and Road” initiative proposed by China has provided new ideas for global governance, thus effectively promoting the process of globalization.