China is taking developed economies to task ahead of the Group of 20 meeting next week, calling for more funds to be put towards stimulus packages and repairing financial supervision policies, Bloomberg reported. Central bank Governor Zhou Xiaochuan on Thursday criticized governments which have not imitated China’s “decisive” economic policies. Chinese leaders have become increasingly bold in giving advice to other nations on macroeconomic policy, buoyed by confidence that their stimulus plan is turning the domestic economy around. “China can stand up and say, ‘Our policies have worked, we have stabilized our economy first,’” said Glenn Maguire, chief Asia-Pacific economist at Societe Generale SA in Hong Kong. “China is positioning itself to have a much more significant role and influence at this G-20 meeting than it has at any other international forum in the past.”
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