Zhou Xiaochuan, governor of the People’s Bank of China, is a strong supporter of the International Monetary Fund’s accounting unit, Special Drawing Rights. Photos: Simon Song, Reuters

China’s obsession with IMF’s accounting unit and forging new global financial order reaches new heights

Beijing is reviving efforts to broaden use of Special Drawing Rights to achieve longstanding strategic aim of dethroning US dollar in international monetary system

Topic |   Yuan

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Zhou Xiaochuan, governor of the People’s Bank of China, is a strong supporter of the International Monetary Fund’s accounting unit, Special Drawing Rights. Photos: Simon Song, Reuters
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.