China now holds the keys to the global economy, George Soros writes: "Only China is in a...

|By:, SA News Editor
China now holds the keys to the global economy, George Soros writes: "Only China is in a position to initiate a process of international cooperation because it can offer the enticement of renminbi appreciation... If it fails to live up to the responsibilities of leadership, the global currency system is liable to break down and take the global economy with it."