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Xinhua China-related world news summary at 0900 GMT, Aug. 15

Xinhua, August 15, 2016 Adjust font size:

Nepalese Deputy Prime Minister Krishna Bahadur Mahara on Monday left for China for a two-day visit as the special envoy of Prime Minister Pushpa Kamal Dahal.

"My visit is aimed at strengthening the bilateral relationship with northern neighbor China after the formation of the new government. Nepal expects goodwill and support from China in socio-economic development," the deputy prime minister, who is the in-charge of finance in the government, told reporters at the Tribhuvan International Airport in Kathmandu. (Nepal-China-Visit)

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MEXICO CITY -- China is expected to push for the adoption of efficient policies to boost global economic growth at the upcoming G20 summit, a veteran Mexican diplomat has said.

"It is significant that a country committed to economic growth policies, in contrast with those favoring stabilization policies, is presiding the G20," Jorge Eduardo Navarrete, former Mexican ambassador to China and the United Nations, said in a recent interview with Xinhua.

(Mexico-China-G20 Summit)

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WASHINGTON -- China's authorities have largely succeeded in its objective of revamping the foreign exchange mechanism to make the currency renminbi (RMB) more market-oriented and relative stable to a basket of currencies over the past year, thanks to improved policy communication, U.S. experts have said.

On Aug. 11, 2015, the People's Bank of China (PBOC), the central bank, announced a major improvement to the formation of the RMB's central parity rate against the U.S. dollar, by taking into consideration the closing rate on the inter-bank forex market of the previous day. (RMB-Exchange Rate)

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BELGRADE -- China-proposed Belt and Road initiative offers new perspective for the growth of the friendly ties between China and Serbia towards achieving win-win results in various fields, Zivadin Jovanovic, a Serbian expert on international relations, told Xinhua in a recent interview.

Jovanovic served as Yugoslavian foreign minister from 1998 to 2000 and is now president of the think-tank "Belgrade Forum for a World of Equals" founded in 2000. (Serbia-China-Belt and Road) Endi