China Financial Daily

G20 summit outlined the blueprint of international financial system’s reform
Chinese Foreign Ministry spokesman Qin Gang on Nov. 11th showed that G20 summit has an important positive significance on intenational community together dealing with financial crisis, improving the economic growth and reforming international financial construction.

G20 financial summit: G8 may give G20 some seats and all countries “flatteried” China
China status was obvious, which became a big light of this summit. Chinese leader was extraordinarily respected by countries, because not only the Chinese important role in financial crisis, but also seen in the White House dinner arrangements with the order of appearance of the leaders and the seats.

China, Japan and Korea will invest 4 million billion dollars hand in hand with Saudi
The finance ministers of China, Japan and Korea last night held finance ministers informal meeting of the three countries in Washington. It was decided that the three countries will expand the scale of bilateral currency swap. The statement said that the three countries to strengthen cooperation for an effective response to the global financial crisis is crucial.

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