China’s Zhu Says G20 Ministers Discussed More Credit for Europe
“The meetings have been discussing how to increase resources for coping with the crisis and to stabilize markets,” Zhu told reporters in today in Paris, where G20 finance ministers and central bankers have convened. Asked whether the G20 is considering an increase in lending resources for Europe under the framework of the International Monetary Fund, Zhu said: “Of course this is what Europe desires a lot for coping with the ciris, but it has just been discussed.”
He said China has made clear that it “supports stability in Europe and holds an open attitude toward all discussions.”
Asked if the yuan was part of the agenda, he said “currently the priority is to handle Europe’s issues.’’
To contact the reporter on this story: Victoria Ruan in Beijing at firstname.lastname@example.org
To contact the editor responsible for this story: Matthew Brockett at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.