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View Full Version : China-Japan Currency Deal Points Way to a New World Monetary Order: View - Bloomberg



NewsWhore
12-28-2011, 07:10 PM
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China-Japan Currency Deal Points Way to a New World Monetary Order: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEVO3Lu_5LloyReEFd3XdFKJNRCXg&url=http://www.bloomberg.com/news/2011-12-29/china-japan-currency-deal-points-way-to-a-new-world-monetary-order-view.html)
Bloomberg
This will encourage commerce by reducing currency risk and trading costs. The agreement will let a Japanese-backed institution sell yuan bonds in China, helping to open China&#39;s capital market. In return, Japan will convert some of its foreign- exchange ...

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