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Asian countries look to cooperate more

11-27-2012 22:25 BJT

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A two-day Asian Financial Cooperation Conference has just ended in Mumbai, India.

More than 500 people took part in the meeting including regulators, and leaders of Asian banks, insurance companies and financial institutions. Their discussions included currency swaps, exchange rates and economic integration in Asia.

Former Chinese vice premier Zeng Peiyan, now vice chairman of board of directors of the Boao Forum, made a four-point proposal on financial cooperation between Asian countries.

He said Asian countries should improve cooperation on currencies, diversify channels to finance infrastructure, improve capital markets, and expand the use of their own national currencies.



Editor:Zheng Limin |Source:

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