The Promise of China’s G-20 Presidency
Next year, the G-20 has an opportunity to show that it can deal effectively with global crises, from plummeting growth to transnational terrorism. With China – a country that has proved its willingness to put its money where its mouth is – at the helm, greater international cooperation and economic integration is certainly possible.
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HONG KONG – In just over a month, China will assume the G-20 presidency. Over the next year – and especially at the organization’s September summit, to be held in Hangzhou – China plans to help lay the groundwork for a world economy that is more “innovative, invigorated, interconnected, and inclusive.” The question is how.