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Former Chinese vice minister speaks on possibility of a new Bretton Woods system

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The COVID-19 pandemic and other global events have posed challenges to the global economic order. They have sparked a discussion about a new Bretton Woods system. The original system, created after World War II, established fixed exchange rates between the U.S. dollar and other currencies. CGTN reporter Wang Hui sat down with former Chinese Vice Minister of Finance Zhu Guangyao to discuss the possibility of a new Bretton Woods system and the role China should play.

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