Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

VERITAS Q&A for December 4, 2016

Received via email by VERITAS at 11:05 PM EST. ~ Dinar Chronicles THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. CONSULT A LICENSED P...

Thursday, September 1, 2016

G20 Members, China Contribute to Global Financial Governance

China, other G20 members contribute to global financial governance

2016-09-01 17:19:51



Yi Gang (C), vice governor of the People's Bank of China, attends a press conference of the Chinese delegation in Hangzhou, capital of east China's Zhejiang Province, Sept. 1, 2016. Yi introduced China's position and propositions on G20 strong, sustainable and balanced growth, and reform of the monetary and financial system. (Xinhua/Li He)

HANGZHOU, Sept. 1 (Xinhua) -- China has worked closely with other G20 members in the fields of macroeconomic policy coordination, innovative growth and more effective global economic and financial governance, a Chinese central bank official said Thursday.

The People's Bank of China (PBOC) mainly participated in issues of strong, sustainable and balanced growth framework, international financial architecture, financial sector reforms, financial inclusion and green finance, PBOC Vice Governor Yi Gang said at a press conference.

G20 members agreed on an approach of "using all policy tools -- monetary, fiscal and structural -- individually and collectively" to support growth, according to Yi.

"This marks a milestone in the G20's recent history of macroeconomic policy coordination," Yi said.

China also led the efforts to build a more stable and more resilient international financial architecture, with the release of a report in this regard by the International Financial Architecture Working Group, which was resumed under China's G20 presidency, the vice governor said.

The report made several recommendations to improve the international financial architecture, including examining the broader use of Special Drawing Rights, strengthening the Global Financial Safety Net, improving debt restructuring processes and advancing the IMF quota and governance reform, Yi said.

"Global financial markets have seen bouts of turbulence since last year, but global financial system has remained sound and resilient," he said, adding that it reflected the effects of financial sector reforms since the global financial crisis.

This year, G20 members reached a consensus that financial reforms will focus on building an open and resilient financial system, summarizing elements of effective macro-prudential policies, developing robust financial market infrastructures and promoting financial inclusion.

The G20 also discussed green finance for the first time this year and established a G20 Green Finance Study Group, which released a report to identify challenges faced by green finance and provide voluntary options for countries to consider, Yi added.

On Wednesday, the PBOC and some other Chinese ministries unveiled a guideline for establishing a green financing mechanism to facilitate the economy's transition to sustainable growth.

Under the theme of "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy," this year's G20 summit is scheduled on Sept. 4-5 in the eastern Chinese city of Hangzhou.


Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More