Warwick Powell, an adjunct professor and author on global payment systems, discusses the ambitious effort to create a new global currency post-BRICS meeting. He sheds light on the technical complexities in establishing a new payments system and the decline of the U.S. dollar's dominance. Powell emphasizes the interconnectedness of credit and trust in trade, explores how countries like China and Russia are adapting their currencies, and considers the socio-economic implications of these shifts on global autonomy and wealth inequality.

In this discussion, Warwick Powell, a Senior Fellow at Taihe Institute, Yao Shujie from Chongqing University, and Wang Zhengxu from Zhejiang University analyze China's foreign policy as articulated by Foreign Minister Wang Yi. They explore China's commitment to stability and diplomatic resolutions amid global tensions. The panel delves into the U.S.-China relationship, the impact of trade wars, and the evolving dynamics between China and Europe. Additionally, they discuss China's efforts to engage with the global south, emphasizing mutual benefits and collaboration for a stable world.