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Hungarian central bank governor: Competition with China as catalytic force propelling innovation


The world is facing a pivotal moment with rising geopolitical tensions, slowing global economic growth, and accumulating financial risks. There is a pressing need to reconstruct and establish a diversified international financial system that can ensure global financial stability and support future economic growth. To address these challenges, governments and institutions need to reach a consensus on rules and put them in place to strengthen global cooperation. BizTalk's Guan Xin spoke with Gyorgy Matolcsy, governor of Hungary's Central Bank, to discuss the current economic challenges and the creation of a new international economic order.

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