China has already committed more money for bailing out Europe through its special drawing rights in the IMF.

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The Brit special advisers were briefing that the IMF might issue Special Drawing Rights - this is like printing money.

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Pool the reserves issued to each country by the IMF (special drawing rights) to boost the euro zone's underpowered rescue fund?

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I'm advocating for instance the issue of a specialist Europe, of special drawing rights that would be pledged to international assistance.

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Alternatively, IMF special drawing rights could be used for the purposes of external commitments, until a new global reserve currency has been negotiated.

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Cash reserves that have funded SWFs have accrued from several sources such as foreign currency deposits, gold holdings, Special Drawing Rights, petroleum, and state pensionsSWFs are essentially a byproduct of globalization.

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Expectations are that these countries will likely provide help through the International Monetary Fund, of which they are all members and have money to lend in the form of IMF Special Drawing Rights.

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Mr Zhou suggests that the dollar's reserve status should be transferred to the SDR (Special Drawing Rights), a synthetic currency created by the IMF, whose value is determined as a weighted average of the dollar, euro, yen and pound.

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Instead of reducing the role of the U.S. dollar, Zhou may be asking for a greater role of the Chinese currency in "special drawing rights" (SDRs), an international type of reserve currency established in 1969 by the International Monetary Fund.

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