3min chapter

The China in Africa Podcast cover image

Xi Took Center Stage at G20 While African Union Kept a Low Profile

The China in Africa Podcast

CHAPTER

Power Dynamics and Calls for Reform in International Financial Institutions

This chapter explores the power imbalances within international financial institutions like the IMF and World Bank, highlighting China's rise and its push for reforms. The discussion includes Xi's proposals for global governance improvements, aiming for better representation of developing countries and addressing historical equity issues.

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