China’s central bank governor Zhou Xiaochuan has said efforts to promote orderly sovereign debt restructuring should continue. Zhou made the remarks at the opening of a G20 seminar on the International Financial Architecture. He also commented on the Special Drawing Rights, which has the potential to continue to be more stable and resilient. According to him, methods that we can take to broaden the use of SDR include using the SDR as a reporting currency and developing SDR denominated asset market.
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