July 11, 2018 / 9:55 AM / 4 months ago

China welcomes central, eastern European countries to include yuan in reserves

FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo

BEIJING (Reuters) - China said it welcomes countries in central and eastern Europe to include the yuan currency in their foreign exchange reserves.

The statement published on the People’s Bank of China’s website on Wednesday followed a meeting of leaders from China and 16 central and eastern European countries.

The countries agreed to increase financial cooperation, including yuan-denominated financing, the statement said.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below