S. Korea-China Economic Ties to Get Boost from Yuan’s SDR Status

SEOUL, Dec. 1 (Korea Bizwire) – The already close economic ties between South Korea and China will receive a further boost from the yuan’s inclusion in the International Monetary Fund’s (IMF) reserve currency basket, local observers said Tuesday. The move, to go into effect on Oct. 1, 2016, is not expected to have an immediate [...]