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Experts call for new Bretton Woods system - Vimarsana News

Experts call for new Bretton Woods system

The international conference "80 Years after Bretton Woods: Building an International Monetary and Financial System for All" and the 2024 Tsinghua PBCSF Global Finance Forum are held in Hangzhou, east China's Zhejiang Province, May 27, 2024. [Photo/Xinhua] Economists and central bank governors from across the world have called for a new Bretton Woods system as the world's economy grapples with challenges such as high inflation, rising protectionism, and climate change. They made the comments

Source: wn.com
Experts: 'Overcapacity' narrative counter to fact - Vimarsana News

Experts: 'Overcapacity' narrative counter to fact

The false narratives about China's "overcapacity" disregard fact and economic principles and could jeopardize the global green transition, experts said.

Global Times: China achieves progress in building financial powerhouse: report - Vimarsana News

Global Times: China achieves progress in building financial powerhouse: report

/PRNewswire/ -- The nation's goal of building itself into a financial powerhouse has achieved progress in six key elements that have Chinese characteristics:...

Forum stresses ties among economies - Vimarsana News

Forum stresses ties among economies

All economies need to work together to promote financial stability and economic globalization while addressing common challenges facing the global economy like high inflation, rising protectionism and climate change, said experts and central bank governors at a global forum on Monday.

Following US tariff hikes on Chinese products not in Europe's interests: former Italian minister - Vimarsana News

Following US tariff hikes on Chinese products not in Europe's interests: former Italian minister

It is not in the interests of Europe to follow the US policy of imposing tariffs on Chinese products, considering each other's comparative advantages and the benefits of globalization and free trade, Giovanni Tria, former Italian minister of economy and finance and current professor of economics at the University of Rome Tor Vergata, told the Global Times on Tuesday, while urging Beijing and Brussels to rebuild a certain level of trust on the issue.