2010/11/06

China, France agree on monetary reform: French presidency

NICE, November  5, 2010 (AFP) - China and France reached a "true convergence of views" on reform of the global monetary system during talks between their two presidents Friday, a senior French presidential advisor said.

"There is a true convergence of views between China and France on the aims to be achieved and the route and means necessary to achieve this reform," the official told reporters after talks between French President Nicolas Sarkozy and his visiting Chinese counterpart Hu Jintao.

The official, speaking on condition of anonymity, said the two leaders also agreed to hold a summit of monetary experts in China at an unspecified date, "probably in the spring" in early 2011.