Saturday, 09 June 2007

G8 powers face up to changing economic balance

(Reuters) - Some thirty years on, the G8 group of industrialised economic powers acknowledged in essence on Friday that the world is no longer one they can shape without consulting the likes of China.

Launching what they called the Heiligendamm Process, leaders of the G8 club said they wanted to establish a permanent system of policy consultation with some of the new or coming big hitters of the global economy, such as China, India and Brazil.


Read more at Reuters Africa

1 comment:

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