Xi, Joko lead calls for new developing world order

Jakarta

LEADERS of some of the largest developing nations have called for a new economic order based on their shared interests rather than "obsolete" financial institutions created after World War II.

The statements came at a summit of Asian and African countries held in Jakarta on Wednesday to mark the anniversary of a similar gathering 60 years ago that helped establish the Cold War's non-aligned movement.

In his keynote speech, Indonesian President Joko Widodo said beliefs that entities such as the World Bank and the International Mone…