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Growing pains to building resilience: 25 years after Asian Financial Crisis

CGTN, 27 Aug 2022
This is a part of our special series "Growing pains to building resilience: 25 years after Asian Financial Crisis." Twenty five years ago, many economies in east Asia suffered a currency crunch that turned into a financial meltdown. Through heart-breaking experiences and hard work, these economies survived, learned their lessons, and increased resilience, individually and as a whole. Today, they thrive as a global engine for growth. But what we need to learn from that crisis is still relevant. Especially now when the world is facing a mixture of geopolitics- trust deficit in international governance, and several other crises. In this special series, we are talking to key witnesses, thinkers, and stakeholders to prevent the next crisis, and make Asia a resilient beacon for the world economy. Today, we talk to Zhu Guangyao, a former Chinese vice finance minister who worked with his Asian partners amid the crisis and after, to strengthen cooperation.

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https://www.cgtn.com/video

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