G20 keeps up snail's pace of global monetary reform

Another month, another inconclusive meeting of G20 finance ministers: reform of the international monetary reform is proving a hard, thankless slog.

True, Thursday's seminar in the eastern city of Nanjing confirmed the consensus that changes are needed to put the world economy on a firmer financial footing, keep a closer eye on capital flows and ensure the global monetary order better reflects the clout of China and other emerging giants.