China should step up to the plate as the leader of a new global economic order, and the US shouldn't fear the establishment of a global currency because it would help the economy, billionaire investor George Soros says.
In a recent interview with the Financial Times, Soros said that China hasn't been pulling its weight in reorganizing the global economy after last year's economic collapse, and the way to convince China to lead is to allow it to "own" the reorganization of the global financial system that is underway.
"You really need to bring China into the creation of a new world order, a financial world order," Soros told FT. (emphasis added)
Source: The Raw Story
Image Source (George Soros): Andrew Baron