France, China agree global financial reform needed

PARIS, Nov 4 (BestGrowthStock) – France and China have agreed on the
need to fight volatility on commodity markets, protect
intellectual property rights and move toward global monetary
reform, a source in the French president’s office said on
Thursday.

France takes over the presidency of the Group of 20
industrialised and developing nations in less than two weeks
with an ambitious agenda of reducing economic imbalances through
a series of global reforms.

“The two parties underlined the interest of all the
countries of the world to develop stable, coordinated
macroeconomic policy, reform the international monetary and
financial system and to fight volatility of raw materials,” the
source said, citing a joint statement to be released later.
(Reporting by Daniel Flynn and John Irish; Editing by Peter
Graff)

France, China agree global financial reform needed