Changing the world order

CGTN Europe

Why we need to rethink the way the world works - @berthofmanecon from @nuseai tells @TheJulietMann why the balance of global power should be shifting.  #TwoSessions2024 #2024ChinaAgenda

Transcript

00:00 I am a former staff member of the World Bank and I've been arguing for a very long time

00:04 that China should have at least 14, 15% of the shares of the World Bank and they have

00:09 six.

00:10 The same with the IMF, similar order.

00:13 So those will be easy measures to take.

00:15 Yes, it would cost some pain in capitals in Europe because they're going to lose out on

00:20 seats in the board.

00:23 But frankly, it would really be a just and right move towards China that would give them

00:30 a bigger voice.

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