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China calls for better international consultation over monetary policy to ensure ‘fairer’ international environment

Summary:
[unable to retrieve full-text content]The Chinese authorities want “more effective” monetary coordination with developed countries to ensure a “fairer” international environment, a foreign exchange official said on Saturday.The warning from Lu Lei, deputy head of the State Administration of Foreign Exchange, is the latest evidence that Beijing is on high alert for a policy turnaround from the US Federal Reserve despite repeated assurances that it is well prepared.“Countries lying at the core of the international monetary system…

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[unable to retrieve full-text content]
The Chinese authorities want “more effective” monetary coordination with developed countries to ensure a “fairer” international environment, a foreign exchange official said on Saturday.The warning from Lu Lei, deputy head of the State Administration of Foreign Exchange, is the latest evidence that Beijing is on high alert for a policy turnaround from the US Federal Reserve despite repeated assurances that it is well prepared.“Countries lying at the core of the international monetary system…

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