G20 to give China and India more power
Posted by admin | Under Economy Sunday Sep 27, 2009These two countries were the only ones to stay above the water level during the global economic crisis due to the inherent strength of their domestic market. And the G20 leaders of developed countries, have decided to reward these two growing nations with more say in future G20 meetings.
These two countries and few other developing nations will share the 4% power being relinquished by the developed nations.