The United Nations was once again under the spotlight Wednesday when world leaders renewed their commitments at a high-level UN summit to reaching the global anti-poverty Millennium Development Goals (MDGs) by the 2015 deadline.
The role of regional powers is increasing even at high-level meetings of big countries, paving the way for multilateralism
China has earlier than schedule accomplished the objectives of halving the population stricken by poverty and hunger, popularizing elementary education, and reducing child mortality.
"Whatever we say or agree in the coming days are only words unless in the poorest countries and the poorest communities, the poor start to see improvements," said Ali Treki, former president of the General Assembly.
Premier Wen Jiabao will be in New York this week to attend two United Nations conferences held during Sept 21-23.
The US congress will hold a hearing today to judge whether China has revaluated its currency to its "requirement". On June 19, 2010, the People's Bank of China (PBOC) announced a policy re-pegging the yuan to a basket of currencies.