France's finance minister said on Tuesday the post-war international moneta...
PARIS - France’s finance minister said on Tuesday the post-war international monetary order needed to be reinvented or become increasingly dominated by China.
But gobalization, the growing populist backlash against it and the rise of big new economic powers like China are increasingly putting that order to the test. Le Maire said that while Bretton Woods had defined the international economic order of the second half of the 20th century, the first part of this century may be defined by China’s New Silk Road project.
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