Asian 'safety net' stressed

Premier calls for better use of regional foreign exchange pool

Premier Li Keqiang called on Southeast and East Asia to improve the regional financial firewall on Thursday by better using a regional foreign exchange fund, among other measures.

A multilayer regional financial safety net should be improved to help withstand global market volatility, Li said at a summit that brought together leaders from the Association of Southeast Asian Nations plus China, Japan and South Korea, in Bandar Seri Begawan, Brunei.