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China hopes to boost financing cooperation with other Silk Road members

By REUTERS

MAY 14, 2017 11:21

BEIJING - China hopes to boost financing cooperation with members of its new Silk Road program, also known as the Belt and Road initiative, the country's central bank governor Zhou Xiaochuan said on Sunday.

Greater use of local currencies under the Belt and Road initiative will help cut costs and boost financial stability, Zhou said during a session on financial connectivity at the Belt and Road Forum in Beijing.

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