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December 7th, 2015
China Starts Mapping Out Plan for G-20 After Year of Market Turmoil

December 7, 2015 — As China takes the reins of the Group of 20 for the coming year, the first indications are emerging of its agenda.

Among the priorities: making the global system more resilient to shocks and, perhaps, less reliant on the US dollar. China is setting up a working group led by South Korea and France to develop proposals, including on ways to strengthen the role of the International Monetary Fund’s reserve-currency unit, which is set to incorporate China’s yuan as a component next year. Read More Via Financial Review