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Zhou, Finance Chiefs to Discuss Crisis Planning in Paris Forum

  • Ministers, central bankers to talk about global safety net
  • Lagarde, Schaeuble, Osborne also scheduled to speak Thursday
Zhou Xiaochuan.

Zhou Xiaochuan.

Photographer: Qilai Shen/Bloomberg

Finance chiefs and central bankers from the Group of 20 will take a break this week from their efforts to rejuvenate the anemic global recovery, and instead contemplate another challenge: how to retool the world’s financial plumbing to prepare for the next crisis.

People’s Bank of China Governor Zhou Xiaochuan, German Finance Minister Wolfgang Schaeuble and U.K. Chancellor of the Exchequer George Osborne will be among the policy makers meeting Thursday in Paris to discuss the world’s financial architecture. They will be joined by IMF Managing Director Christine Lagarde, OECD Secretary-General Angel Gurria, and economists including the London Business School’s Helene Rey.