In the news: RMB gets nod from IMF, CSRC vice-chairman gets investigated, Dali Foods lists in HK and foreign video imports face limits

This week the IMF supported making the renminbi a reserve currency, the deputy head of the CSRC was suspected of corruption, Dali Foods' IPO raised $1.5 billion and China clamped down on DVD imports

9 minute read November 17, 2015 at 05:31 AM

Katherine Jo and clp articles

In the news: RMB gets nod from IMF, CSRC vice-chairman gets investigated, Dali Foods lists in HK and foreign video imports face limits

IMF supports renminbi inclusion in SDR

The Chinese currency is set to join the IMF's basket of reserve currencies, with the fund's staff recommending its inclusion.

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