CoinVoice has learned that at the 2025 Lujiazui Forum "General Assembly II: Enhancing the Coordination of Global Monetary Policy," Zhou Xiaochuan, Vice Chairman of the 12th National Committee of the Chinese People's Political Consultative Conference and former Governor of the People's Bank of China, stated that global monetary policy, including macroeconomic policy, was originally managed independently without the need for coordination, nor could it be coordinated.



Since the beginning of this century, global economic cycles and macroeconomic conditions have converged, and the macroeconomic state of major countries also affects other countries. Major reserve currency countries need to consider global impacts. Currently, there is no institution responsible for global macro policy coordination, and it is in a "three no" state, with no institution, no tools, and no consensus.
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