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Saturday, January 11, 2025

China Pushes For More Stable Reserve Currency – Bye Bye USD?

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Helpful non-confrontational, non-trade-war, conciliatory comments from China’s finance minister Xie speaking at the IMF meetings.

*CHINA SAYS IMF SHOULD STUDY DEFECTS OF WORLD MONETARY SYSTEM

*CHINA SAYS IMF SHOULD DIVERSIFY GLOBAL RESERVE CURRENCIES

*CHINA SEEKS `STABLE VALUE’ IN RESERVE CURRENCY SYSTEM

And in case anyone is still unsure of their commitment to slow growth:

*CHINA WILL SEEK TO MANAGE INFLATION EXPECTATIONS, XIE SAYS

Source: Bloomberg

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