You wonder what the 71 year old Xi Jinping means by calling for such a reform!
Is he trying to establish a parallel financial system to IMF and World Bank?
"... “The Brics countries should play a leading role, deepen financial cooperation, promote the interconnection of financial infrastructure, maintain high-level financial security, expand and strengthen the New Development Bank, and promote the international financial system to better reflect changes in the world economic landscape.” ...
... Also on Wednesday, Xi met the Indian Prime Minister Narendra Modi for their first official talks since a deadly clash between the two countries’ troops in June 2020.
“The two countries should step up communications and cooperation, handle conflicts properly and mutually support each other’s development dreams,” Xi told Modi, according to state media. ..."
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