Malaysia, China to Discuss ‘Asian Fund’ to Cut US Dollar Dependency

Anwar Ibrahim, left, with Xi Jinping in Beijing on March 31.
Photographer: Rao Aimin/Xinhua/Getty Images

China is open to talks with Malaysia on forming an Asian Monetary Fund, said Prime Minister Anwar Ibrahim, reviving a decades old proposal to reduce reliance on the dollar.

Read more here: https://www.bloomberg.com/news/articles/2023-04-04/malaysia-china-to-discuss-asian-fund-to-cut-dollar-dependency?leadSource=uverify%20wall