Monetary issues top agenda at Asean summit

Even with some immunity to the crisis, The roles of China and Japan will be closely watched at the upcoming Asean Summit in Chiang Mai. Both Asian giants have important roles to play in forging a new regional financial order. The collapse of the US and European financial systems have led many to call for a new global financial architecture to replace the Bretton Woods system adopted after World War Two. Nobody knows for sure at the moment what the new global financial architecture will look like. But in Asia, a revolution is underway to change its financial landscape. http://asianewsnet.net/news.php?id=2728&sec=3


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