Mr Zhou praised John Maynard Keynes's proposal in the 1940s for an international currency, the "Bancor", based on commodities.
周行长赞赏上世纪40年代凯恩斯提出的以商品为定价基础的国家货币——Bancor的设想。
This global bank would issue its own currency, called the bancor, in which all trade accounts would be settled. In the absence of such a bank the world will have to make do with the current system.