WHEN CHINA RULES THE WORLD: The End of the Western World and the Birth of a New Global Order By Martin Jacques, Penguin Press (2010). Historians may someday debate whether the financial crisis that began a year ago is most notable for how much damage it did to the United States, or how little […]
China called for the creation of a new currency to eventually replace the dollar as the world’s standard, proposing a sweeping overhaul of global finance that reflects developing nations’ growing unhappiness with the U.S. role in the world economy.
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