China Possible OECD Candidate?

July 27, 2005 | Print | Email Email | Comments | Category: News


    China should be admitted to the Organisation for Economic Cooperation and Development one day because of its increasing impact on the world economy, the head of the 30-country free-market organisation says.

    Reuters reports the OECD last week welcomed Beijing's adjustment of its currency system, moving away from a peg to the dollar only and slightly revaluing the yuan, as another step towards China's integration into the world economy.


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