China's Hu says G20 must reform financial system

Published 11/09/2010, 02:49 PM
Updated 11/09/2010, 02:52 PM

PARIS, Nov 9 (Reuters) - A Group of 20 major economies summit in Seoul this week must work towards a reform of the international financial system with stricter surveillance of markets, Chinese President Hu Jintao said in an interview released on Tuesday.

Hu also called for the abolition of all forms of protectionism and said China would do everything to reach a consensus at the G20 meeting, which starts on Thursday in the South Korean capital.

"A reform of the international financial system is essential, implying stricter surveillance of international financial markets," he said in an interview to be published on Wednesday in French daily La Tribune. Hu visited France last week. (Reporting by Nick Vinocur, editing by Paul Taylor)

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