France says the international monetary order needs to be reinvented or will become increasingly dominated by China

Author: Eamonn Sheridan | Category: News

French Finance Minister Bruno Le Maire speaking at a conference on Tuesday to mark the 75th anniversary of Bretton Woods .

  • post-war international monetary order needed to be reinvented
  • or become increasingly dominated by China
"The Bretton Woods order as we know it has reached its limits" 
"The alternative we have is now clear - either we reinvent Bretton Woods or it risks losing relevance and eventually disappearing"

Bretton Woods had defined the international economic order of the second half of the 20th century
  • "Unless we are able to reinvent Bretton Woods, The New Silk Roads might become the new world order" 

china belt road

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