before Increased uncertainty in the global scenarioCentral banks in China, Japan and South Korea have gathered to discuss the effects of commercial tariffs imposed by the United States and enhance regional cooperation.
It was announced before Chinese People Bank (PBOC)After the participation of the Chinese Vice President of BC CHANGNENG in the ASEAN+3 meeting, which was held in Malaysia, on April 8 and 9.
According to a statement issued by PBOC, the meeting in Malaysia is directed.The impact of American definitions on global and regional economic views“.
In addition to initiatives to enhance the CHANG MAI initiative (CMIM) and the ASEAN+3 (Amro).
Participants have reached a “wide consensus on deepening coordination in regional policies and strengthening the regional financial security network.”
Among the main developments is the approval of changes in the legal documents of CMIM, which now allows “Contributions in the Chinese yuan” For the mechanism – an important step to internationalize the country’s currency.
Parallel to the event, China, Japan and South Korea held a triple meeting.
In it, ChangNeng stated this, “before Increased global uncertaintyPBOC will implement a high -level monetary policy and support the stability of the financial market performance to support the pace of economic recovery, “according to the official note.
The Chinese leader also kept Bilateral talks with financial authorities South Korea and Singapore, including meetings with Choi Ji Yong, Deputy Minister of Economy and Finance in Korea.
In addition to Kwon Min Soo, Korea’s deputy governor of Korea (BOK) and Lyong Singh, Deputy Director of the Monetary Authority in Singapore.
S. PBOC He pointed out that the dialogues included “exchanging views on the effects of increased global uncertainty”, which indicates that Asian countries are in line with strategies to face economic and financial risks.
