China, Japan, ROK Agree on Reserve Pool
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China, Japan, and South Korea have reached an agreement on the distribution ratio of a US$120 billion regional reserve pool plan in Bali on Sunday.
China, Japan, and South Korea will contribute to the pool on a 2:2:1 ratio, namely US$38.4 billion respectively from China and Japan and US$19.2 billion from South Korea.
The committed contribution from the three countries made up 80 percent of the reserve pool.
(Xinhua News Agency May 3, 2009)