Hey there! 👋 Did you know that all the countries in the world work together in something called global finance? 🌍💰 That’s like a big team effort to keep the world’s money systems running smoothly!
Recently, Pan Gongsheng, who is the governor of the People’s Bank of China (that’s like the captain of China’s big bank ship 🚢), gave a speech at an important meeting in Shanghai called the Lujiazui Forum.
He talked about how some countries, especially new and developing ones, don’t have as much say as they should in big international financial decisions. 🤔📊
Imagine if you and your friends were planning a big party 🎉, but only a few people got to make all the decisions, even though everyone is helping out. That wouldn’t be fair, right?
Mr. Pan thinks it’s important that all countries get a fair share and a fair vote in international financial organizations. He said that big financial institutions should watch over the global economy carefully, spot any problems early, and guide countries to work together. 🤝🌐
He believes this will help keep the world’s money system stable and fair for everyone! 💪💵
Isn’t it cool how countries can work together to make things better for the whole world? Let’s hope everyone joins in to make global finance fair and awesome! 😊
Reference(s):
Financial institutions should strengthen economic oversight: PBOC
cgtn.com
