| No One Talking About Dumping Dollar: China Minister |
| News - Eurasia |
| Written by Alan Wheatley, Editing by Jacqueline Wong, Reporting by Ben Blanchard |
| Wednesday, 10 June 2009 09:40 |
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BEIJING (Reuters) - China, the world's largest holder of official foreign exchange reserves, has no intention of abandoning the U.S. dollar, Vice Foreign Minister He Yafei said on Tuesday.
He was speaking at a news briefing on President Hu Jintao's forthcoming trip to Russia, where he will attend an inaugural summit of the BRIC countries -- Brazil, Russia, India and China -- in Yekaterinburg on June 16. Russian President Dmitry Medvedev and others have said the meeting would discuss the search for alternatives to the dollar as the world's principal reserve currency. |