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Britain backs RMB's inclusion into SDR basket

English.news.cn 2015-10-22 17:50:02

LONDON, Oct. 22 (Xinhua) -- Britain supports the inclusion of the RMB, or Chinese yuan, into the International Monetary Fund's (IMF) SDR basket subject to meeting existing criteria in the IMF's upcoming review, said a China-Britain joint declaration issued here Thursday.

Both sides urge members who have yet to ratify the 2010 quota and governance reforms to do so without delay to further enhance the voice of emerging markets and developing countries, said the document.

The joint statement was signed during Chinese President Xi Jinping's state visit to Britain, the first of its kind for a Chinese head of state in a decade.

Related:

Feature: President Xi, Prince William tour China-Britain creative industry exhibition

LONDON, Oct. 21 (Xinhua) -- Sharing one umbrella in typical London rain, Chinese President Xi Jinping and Britain's Prince William viewed a James Bond sports car from Britain's iconic automaker Aston Martin that will be equipped with an entertainment system with Chinese technology.

The visiting Chinese leader and his wife, Peng Liyuan, joined the Duke and Duchess of Cambridge on Wednesday morning at a creative industry event at Lancaster House celebrating cultural collaboration between China and Britain. Full story

No hard landing for Chinese economy despite downward pressure: Xi

LONDON, Oct. 21 (Xinhua) -- Chinese President Xi Jinping said here Wednesday that his country's economy will keep operating within "a proper range" and there will be no "hard landing."

"Downward pressure and structural problems do exist in the Chinese economy," Xi acknowledged while addressing the closing ceremony of a China-Britain business summit. Full story

 

 

[Editor: Song Miou]
 
Britain backs RMB's inclusion into SDR basket
                 English.news.cn | 2015-10-22 17:50:02 | Editor: Song Miou

LONDON, Oct. 22 (Xinhua) -- Britain supports the inclusion of the RMB, or Chinese yuan, into the International Monetary Fund's (IMF) SDR basket subject to meeting existing criteria in the IMF's upcoming review, said a China-Britain joint declaration issued here Thursday.

Both sides urge members who have yet to ratify the 2010 quota and governance reforms to do so without delay to further enhance the voice of emerging markets and developing countries, said the document.

The joint statement was signed during Chinese President Xi Jinping's state visit to Britain, the first of its kind for a Chinese head of state in a decade.

Related:

Feature: President Xi, Prince William tour China-Britain creative industry exhibition

LONDON, Oct. 21 (Xinhua) -- Sharing one umbrella in typical London rain, Chinese President Xi Jinping and Britain's Prince William viewed a James Bond sports car from Britain's iconic automaker Aston Martin that will be equipped with an entertainment system with Chinese technology.

The visiting Chinese leader and his wife, Peng Liyuan, joined the Duke and Duchess of Cambridge on Wednesday morning at a creative industry event at Lancaster House celebrating cultural collaboration between China and Britain. Full story

No hard landing for Chinese economy despite downward pressure: Xi

LONDON, Oct. 21 (Xinhua) -- Chinese President Xi Jinping said here Wednesday that his country's economy will keep operating within "a proper range" and there will be no "hard landing."

"Downward pressure and structural problems do exist in the Chinese economy," Xi acknowledged while addressing the closing ceremony of a China-Britain business summit. Full story

 

 

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