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Brown's hope is that China, worried about the safety of its money invested in the U.S., will be ready to commit extra funds to fighting the world recession.
But if he agrees to do so, President Hu Jintao will surely exact a price.
Already the G-8 countries have seemingly conceded that the world's current problems are too big for them to solve and that G-20 is a more appropriate forum.
If China comes up with the money to help, it will need assurances that it will in the future enjoy greater power within such multilateral institutions as the IMF and the World Bank.
The U.S. and Europe, who have dominated the G-8, now have little option too but to accept a new world order.
Originally posted by biomehanikaWho would have thought that the NWO will be headed by China.
Originally posted by biomehanikaWho would have thought that the NWO will be headed by China.
Originally posted by biomehanika
Who would have thought that the NWO will be headed by China.