China calls on major economies to boost cooperation and stability

08:48, February 21, 2011      

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Chinese Finance Minister Xie Xuren on Saturday called on all major economies to continue to strengthen cooperation on international economic issues and maintain the stability of main reserve currencies.

Speaking at a G20 finance summit, Xie urged countries to reduce malicious capital flows that are aimed at arbitrage on international levels and have the potential of raising global inflation.

The minister also urged countries to continue fighting against all protectionism and to boost international trade and investment.

Source: Xinhua
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