Cooperation in europe, this is just a bad joke , not to mention the Security Organization there , we need to build a new System Security and cooperation and development, based on the system of organizing greater eurasia, attracting africa into it, and attracting latin america into it, ultimately after our western. Perhaps something will be done from, but i think that this will not work, because the un has a long trail of dominance of westernminded officials, but in principle, i like the world that we are already moving towards, and with fairly rapid steps, it will be a multicolored, multicultural world, a world in which. We will know much more and feel much more, and a world in which, ultimately, we will understand that if ever, but that the Economic System that has existed until now has already exhausted itself, and that it needs to be built on other foundations, including on the basis of Mutual Respect and love, i understand that in a conversation with people who think strategically,
Forecast. It will call come the cost of rising debt. Haidi later on, under pressure by the stock surge to develop big bets. Rishaad and stormy skies. For backtoback annual loss. Were also talking about nafta and the renegotiation. I want to bring out chart 1358, which give some context. Canada and the United States meet in washington for the first round of talks to renegotiate the deal. Donald trump calls nafta the worst deal ever made and vowed to withdraw from it. Mexico and canada want to agree to favorable terms with the u. S. Were going to have a look at what might make for a new agreement, what would it look like . How will it affect global trade . We have some guests coming up. U. S. Imports from china way exceeding those from mexico or canada. Putting all of that into context. Becauset is interesting weve have expectations that the rhetoric translate to a harsh stance from the Trump Administration, given lyrical pressure, perhaps there is political pressure, perhaps there is mo
System. I wont say too much but it is one of the hottest topics around and most important topics around. Of course theres china but theres the whole of asia. And i think the Financial System as weve all learned is one of the absolute requirements for growth. Deputy managing director min zhu was previously adviser to the managing director, senior adviser, and he was the Deputy Governor of the bank of china, and before that, chairing a working group on financial issues. So there is few i think in the world, if any, who knows more certainly about the chinese Financial System but now about the whole world Financial System than min zhu, our friend min zhu. And he makes us an honor to come to brookings for this event. So thank you very much. I will cede the floor to him. After his remarks the panel will i will introduce the panel and we will have some further remarks from two colleagues from the fund, from our own eswar prasad. I will then launch a discussion where we will go from a Panel Di
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