China is usually content to keep in the background at diplomatic events. But, ahead of this week's G-20 summit in London, Beijing has been offering ideas for a radical shake up of the international financial system. Their primary concern: that inflation could wipe out the value of their foreign currency reserves
China has a clear goal at the G-20 summit in London. It wants to create a new international financial system and earn more say for itself and developing countries. "The summit should determine a clear goal, a timeline and the way to get there," demanded Chinese Vice Premier Wang Qishan shortly before his departure for Europe.
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