South Korea's parliament has approved of a free-trade pact with China, paving the way for a closer link with its biggest trading partner. The deal could make 85 percent of South Korean exports to China tax-free.
The International Monetary Fund (IMF)'s executive board on Monday approved the inclusion of China's currency renminbi (RMB) in its Special Drawing Rights (SDR) basket as an international reserve currency.
China's chief negotiator Su Wei said on Sunday that he expected negotiators to make full use of time in Paris in order to reach a global legally binding climate agreement by December 11.
Chinese President Xi Jinping arrived in Paris on Sunday to attend the opening ceremony of an international conference on climate change.