The Great Sage Returns from Ten Years of Imprisonment
Chapter 392 Reshaping the Global Governance Landscape
The Chinese delegation's first bilateral meeting tonight was a face-to-face meeting with the Russian delegation.
The Russian delegation that came to this financial summit was led by the very same secret service president known for his iron-fisted methods.
At the beginning of the talks, the two sides exchanged views on the global financial crisis, as well as their respective countries' methods and measures to deal with it.
Both sides agreed on the matter of working together with other G20 countries to rescue international financial markets, and there was no deliberate sabotage.
However, the two sides had some disagreements when discussing the roles that China and Russia would play at this financial summit.
Because of its relatively small economy and immature financial market, Russia did not attach great importance to attending the financial summit in Washington.
Or, to put it more accurately, the Secret Service president's visit to Washington this time was somewhat of a formality.
He only valued this top-level diplomatic platform and wanted to use it as an opportunity to showcase Russia's national image.
This demonstrates to the world that the Russian economy and market have emerged from the mire of the collapse of the Soviet Union and economic ruin, and the entire country is moving towards a free and open path.
If we could take this opportunity to sign some significant cooperation agreements, that would be even better.
However, for China, the demands are naturally not so simple and basic.
When Vice President Wang began to speak, he looked directly at the Secret Service agent opposite him and said decisively:
"In our view, this global financial summit is a once-in-a-lifetime opportunity, both for us and for your country. We must not miss this opportunity."
"The global financial crisis has now caused enormous shocks and damage to the entire international financial market, with the most severe losses suffered by the developed Western countries, led by the G7."
"Even a superpower like the United States cannot withstand the enormous losses caused by the financial crisis, which is why the US took the initiative to initiate this financial summit, bringing together world leaders to discuss how to deal with this financial crisis."
He paused for a moment, then turned to look at Ling Yun sitting next to him and nodded slightly.
Ling Yun nodded in response, and then translated these words verbatim with a smile.
As he translated, the Secret Service president opposite him quickly straightened his back, and his eyes became increasingly bright.
The Russian Prime Minister, who sat next to him and had been his partner for decades, behaved in the same way.
Not only that, but they also looked at Ling Yun with a mixture of curiosity and even envy.
Even a weakened camel is bigger than a horse; although Russia has declined, its inherent strength should not be underestimated.
Given Russia's intelligence capabilities, obtaining any information about Lingyun shouldn't be too difficult.
From the moment the Chinese delegation arrived in Washington, Ling Yun received special attention from various financial tycoons, something Russian intelligence personnel could not possibly be unaware of.
Coupled with the series of events that just occurred in the banquet hall, Ling Yun has become one of the focal points of attention for many people.
Among those who are paying attention to him are these two Russian strongmen on the other side!
After Ling Yun finished translating, the agent on the other side, the president's personal translator, translated it again in Russian.
The agent president did not speak until the Russian translator finished speaking.
"Do you consider this financial summit a once-in-a-lifetime opportunity? I'd love to hear your analysis."
"If that's the case, it would be a golden opportunity for us, and our country certainly wouldn't want to miss it."
As he said this, he seemed to glance at Ling Yun a few more times, almost unintentionally.
Based on his behavior, Ling Yun quickly made a judgment.
The special agent president probably guessed that Vice President Wang's words were likely related to him.
Although he was aware of this, Ling Yun remained calm and continued to fulfill his duties as a professional financial translator.
After he finished translating, Vice President Wang nodded slightly to the Secret Service president opposite him and immediately got down to business.
"As I just mentioned, the economies and financial markets of developed Western countries have suffered heavy losses in this financial crisis, which is why this global financial summit was convened in an attempt to unite more countries to coordinate a rescue effort."
"This is the opportunity I was talking about. Since developed Western countries need us emerging market countries and can't do without us, if we don't cooperate, the global joint bailout will become nothing but empty talk."
"Given this, why don't we coordinate our efforts, seize this golden opportunity to shatter the old international financial market order, and gradually establish a brand-new international financial market order that benefits us?"
"Specifically, we believe that we, as emerging market countries, can work together and take advantage of this financial summit to break the G7's monopoly on the discourse power in the international financial market and gain more say in it."
"The old international financial market order is no longer suitable for the new era and must be replaced by a new market order. The global governance structure must be reshaped. We must make the G20 the highest coordination mechanism for the global economy, instead of the already rotten G7."
"From now on, the G20 will become the highest global coordination mechanism and the most important platform for major global economic, financial, climate, and trade issues, completely breaking the G7 group's monopoly and reconstructing international financial rules."
"Of course, this will take time and cannot be accomplished overnight. This global financial summit is undoubtedly the best starting point. To achieve this goal, we are willing to act as a mediator and strive to help all parties reach a consensus."
"For example, we can act as a global demand anchor, stabilize global expectations, prevent currency devaluation, expand imports, participate in global financing, propose and determine the direction of financial reform, and speak out for developing countries, etc."
"From these perspectives, our two countries are comrades-in-arms in the same trench, sharing the same goals and interests. Only by participating in global economic relief as a responsible major power can we move from the periphery to the center..."
While Vice President Wang spoke eloquently, Ling Yun provided simultaneous interpretation.
As before, his translation was very accurate, without a single word being wrong.
Because of his extensive financial expertise, his translations are even more persuasive and professional!
Listening to Vice President Wang's eloquent analysis, the expressions of the Russian delegation members changed, and they became increasingly excited, their eyes filled with undisguised shock.
The two Russian strongmen opposite them were even more so; as they listened, their eyes quickly turned into searchlights, shining brightly.
With their insight and political acumen, after Vice President Wang's explanation, they could easily see the problem.
They quickly realized that Vice President Wang was absolutely right; this was indeed a once-in-a-lifetime opportunity that they absolutely could not miss!
If China and Russia join forces, along with other emerging market countries such as Brazil, they might actually be able to turn the tide at this financial summit.
This will directly break the G7 group's monopoly on the discourse power of the international economic and financial markets, gain more discourse power, and promote the G20 to become the most important platform for global governance.
Once this goal is achieved, it will be of great benefit to all emerging market countries.
Having figured this out, the two Russian political strongmen were so excited they could hardly sit still.
At the same time, their gazes toward Ling Yun became even more intense!
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