Money

China ready to join Europe on global FX reforms

(Agencies)
Updated: 2011-01-07 13:43

BEIJING - China wants to push for diversification of global reserve currencies and is ready to study ways to improve the global monetary system, the official news agency Xinhua quoted a senior central bank official as saying on Thursday.

Yi Gang, deputy governor of China's central bank, was quoted as saying that China was ready to partner with Europe to study ways to form a stable reserve currency system.