Any growth in China’s role in the international financial system will depend on the successful promotion of a conceptual alternative to the current GFA model
At the 1944 Bretton Woods Conference, the United States laid the foundation for the U.S.-centric international ...
... discord between the economic giants. The global leaders have recently been actively exchanging threats and blows. This process is mostly down to the behavior of the United States, which is trying to reinstate what it views as fair rules of the game in the world economy. The list of Washington’s demands, primarily of China, is long: dismantling unjustified barriers to U.S. commodities, observing intellectual property rights, switching to a market-based exchange rate of the yuan, and so on. The resultant trade and currency wars hamper mutually beneficial trade while ...