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)