Skip to content

China May Be Building Blocs, But So Is Japan

Journalists follow a meeting during the European Central Bank’s annual Forum on Central Banking on June 29 in Sintra, Portugal. On screen from left are Bank of England Governor Andrew Bailey, General Manager of Bank for International Settlements Agustín Carstens, President of the European Central Bank Christine Lagarde, Chair of the US Federal Reserve Jerome Powell and Bloomberg Television anchor Francine Lacqua.

Journalists follow a meeting during the European Central Bank’s annual Forum on Central Banking on June 29 in Sintra, Portugal. On screen from left are Bank of England Governor Andrew Bailey, General Manager of Bank for International Settlements Agustín Carstens, President of the European Central Bank Christine Lagarde, Chair of the US Federal Reserve Jerome Powell and Bloomberg Television anchor Francine Lacqua.

Photographer: Horacio Villalobos/Corbis News
From

There were two momentous conferences on the Iberian peninsula this past week. At both, leaders discussed the critical issues facing a world seemingly overwhelmed by health, financial and geopolitical crises.

One topic in particular loomed large at both gatherings: China.