Sili Valley May 5 ; serious Mumbai aiib2018 June with thanks to female reporters EconomistDiary
in publication : Brookings april 18
(Chinese: 金立群; born August 1949) is a Chinese politician, banker, and professor..
Chris Macrae details of aiib's third annual summit - mumbai june 2018 are here https://www.aiib.org/en/news-events/events/annual-meeting/overview/index.html korea's aiib 2017 was amazing https://twitter.com/hashtag/aiib2017 - met moon jae-in on his first international summit -if ever there's a gracious public leader who can bring peace to the world he's one of that kind
see also :
Brookings BRI report/State of China
see also jin seju
– new paradigm first time
Middle income country secongd largest economy
we are not prepared for volatility that will occur if china
opens up
mcrofoundations of financial infrastructure weak dominated by specularors not
institutions
dilemma want china to open up its has massive amount of savings
and connections with rest of world , and yet will introduce so much volatility
typical of developing country and world isn’t ready for that
no 2 challenge is confidemce in dollar – we have emerging countries
growing demand for dollar but what is
backing dollar is the fiscal capacity. World share of us is going down with geopolitical issues strong detreminat how much country what to hold dollar all of this introduces
multpolar dynamic.. –we’re not dicssussing it- $ mainatins status of due to current lack of
alternatives – safety liquidity trade- no practical alternatives
DC SPRING
For half a day think tank lobbyists platforms were taken over last week at fringe events to World Bank Spring. Even central bankers queued up to discuss at Brookings: China 2018 Gift to Humanity also known as BeltRoadI https://www.brookings.edu/events/the-new-agenda-in-chinas-economic-development-and-the-belt-and-road-initiative/
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