They're the leaders of the 20 largest economies in the world and they're all now gathered in London, getting ready to meet today to discuss one of the biggest challenges facing the globe in decades. The G20 Summit in the UK will, of course, be focused predominantly on the global financial crisis and ways in which these major economies, which make up around 85 percent of the world's overall GDP, can work together to try to haul us out of this dilemma. But will the focus be on the short-term fix or will these global leaders address the long-term systematic problems that led to this global melt-down in the first place?
Ni hao, you're listening to
People In the Know, your window into the world around you, online at crienglish.com here on China Radio International. In this edition of the program we'll preview this week's G20 Summit in London. So let's get started.
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First we'll hear from a Chinese expert. Professor Sun Jie is a senior fellow at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.
(Dialogue with Sun)
And after a short break, a foreign expert.
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Ni hao, you're listening to
People In the Know, your window into the world around you, online at crienglish.com here on China Radio International. I'm Paul James in Beijing. In this edition of the program we're previewing the G20 Summit which begins later today in London. For more on this we're joined on the line now by Mr. Danny Quah, Head of the Economics Department at the London School of Economics and Political Sciences.
(Dialogue with Quah)
And with that we close out this edition of
People In the Know, online at crienglish.com here on China Radio International. To say that the G20 leaders face challenges is an understatement. But most believe that a consensus approach is key to pulling the global financial system back into shape. Questions or comments for us can be sent to people@cri.com.cn. You can also comment on the Talk China forum on the CRI English website. For Executive Director Zhao Yang and Producers Chen Mo and Xu Yang, I'm Paul James in Beijing. Enjoy the day.