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China was one of the founding members of the G20. The Group took shape during a finance ministers’ meeting in 1999 following a series of financial crises in the early 1990s. China then rose to the leadership levels of the G20 following the American Financial crisis of 2007/2008, when it became clear that the world
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China: The Red Dragon that fired up the global economy
China was one of the founding members of the G20. The Group took shape during a finance ministers’ meeting in 1999 following a series of financial crises in the early 1990s. China then rose to the leadership levels of the G20 following the American Financial crisis of 2007/2008, when it became clear that the world