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China Daily | Updated: 2008-10-25 08:16

Leaders meet

Japanese Prime Minister Taro Aso and South Korean President Lee Myung-bak met for the first time on Friday, agreeing to cooperate more closely to protect Asian currencies.

East Asian leaders pledged to set up an $80 billion foreign-exchange reserve pool by mid-2009 to help reduce the effects of the global financial crisis.

IN BRIEF (Page 3)

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