Japan says China must change fx system to enter G7

Japan's Ministry of Finance urges China to modify its tightly managed float of the yuan before it can be approved for entry into the Group of Seven nations, the Nihon Keizai Shimbun reported, citing an unidentified senior government official.

"China's inclusion over the near term will be difficult," the newspaper quoted an official at the Ministry of Finance as saying.

"We will continue to pursue policy dialogue with China, but if they insist on control over their currency, we cannot pursue an

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