In a picture taken on June 30, 2009, a man visiting an arts district in Beijing poses beside an image of former communist party leader Mao Zedong on a one hundred yuan note sculpture. China said on July 2 it wants a diversified global monetary system as President Hu Jintao prepares to travel to the G8 summit in Italy during which the issue of a new reserve currency could be raised. China made waves in March this year when it called for ditching the US dollar as the international reserve currency to stabilise the world monetary climate, a suggestion which the International Monetary Fund later said was legitimate. Getty Images logo Getty Images 4 months ago

In a picture taken on June 30, 2009, a man visiting an arts district in Beijing poses beside an image of former communist party leader Mao Zedong on a one hundred yuan note sculpture. China said on July 2 it wants a diversified global monetary system as President Hu Jintao prepares to travel to the G8 summit in Italy during which the issue of a new reserve currency could be raised. China made waves in March this year when it called for ditching the US dollar as the international reserve currency to stabilise the world monetary climate, a suggestion which the International Monetary Fund later said was legitimate.

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  1. Local residents hold photos of late Chinese leader Mao Zedong, left, and Zhou Enlai, right, during a flag raising ceremony celebrating China's 60th Anniversary in Chengdu, in southwest China's Sichuan province, Thursday, Oct. 1, 2009. China celebrated its rise to a world power over 60 years of Communist rule Thursday, staging its biggest-ever parade of military hardware with over a hundred thousand marching masses in a display that stirred patriotism - and some unease. (AP Photo) ** CHINA OUT.
  2. Wax figures of Mao Zedong (L) and Deng Xiaoping are exhibited as part of the 60th anniversary celebrations of the founding of the People's Republic of China at a shopping mall in Hong Kong September 23, 2009. China will celebrate its national day on October 1.
  3. BEIJING - SEPTEMBER 03: A Chinese woman sells portraits of former Chinese leaders, premier Zhou Enlai (L) and chairman Mao Zedong (C), at Panjiayuan flea market on September 3, 2009 in Beijing, China. Memorabilia of the Chinese Communist regime have become more popular ahead of the upcoming National Day on October 1, 2009 which this year will commemorate the 60th anniversary of the formation of the People's Republic of China.
  4. JINAN CHINA - OCTOBER 1£¬2009: Fireworks explode over the Mao Zedong's statue to celebrate the 60th anniversary of the founding of the People's Republic of China on October 1, 2009 in Jinan, Shandong Province of China. Chinese people commemorated the 60th anniversary of the founding of the People's Republic of China with massive celebrations taking place across the country including a grand military parade and mass pageant in Beijing.
  5. JINAN CHINA - OCTOBER 1£¬2009: Fireworks explode over the Mao Zedong's statue to celebrate the 60th anniversary of the founding of the People's Republic of China on October 1, 2009 in Jinan, Shandong Province of China. Chinese people commemorated the 60th anniversary of the founding of the People's Republic of China with massive celebrations taking place across the country including a grand military parade and mass pageant in Beijing.
  6. JINAN CHINA - OCTOBER 1£¬2009: Fireworks explode over the Mao Zedong's statue to celebrate the 60th anniversary of the founding of the People's Republic of China on October 1, 2009 in Jinan, Shandong Province of China. Chinese people commemorated the 60th anniversary of the founding of the People's Republic of China with massive celebrations taking place across the country including a grand military parade and mass pageant in Beijing.
  7. Hindu nationalist party Shiv Sena activists burn an effigy of Chinese President Hu Jintao during a protest in New Delhi October 5, 2009. Activists were protesting against the Chinese government decision to offer separate stand-alone visas to residents of Muslim-majority disputed Indian territory Jammu and Kashmir.
  8. Hindu nationalist party Shiv Sena activists burn an effigy of Chinese President Hu Jintao during a protest in New Delhi October 5, 2009. Activists were protesting against the Chinese government decision to offer separate stand-alone visas to residents of Muslim-majority disputed Indian territory Jammu and Kashmir.
  9. Hindu nationalist party Shiv Sena activists burn an effigy of Chinese President Hu Jintao during a protest in New Delhi October 5, 2009. Activists were protesting against the Chinese government decision to offer separate stand-alone visas to residents of Muslim-majority disputed Indian territory Jammu and Kashmir.
  10. Present and former Chinese Communist Party leaders Jiang Zemin (R) and Hu Jintao (L) are seen on a giant screen from National Day celebrations earlier in the day as particiants gather on Tiananmen Square for evening events on October 1, 2009 in Beijing as China celebrated 60 years of communist rule with a military parade and lavish ceremonies showcasing the nation's revival as a global power.
  11. Promotion girls hand out Chinese flags as a television screen shows Chinese President Hu Jintao (upper C) attending National Day celebrations in Beijing, outside of a shopping complex in Hong Kong on October 1, 2009. China celebrated 60 years of communist rule with a massive military parade and elaborate pageantry on Beijing's Tiananmen Square showcasing the nation's revival as a global power.
  12. Chinese President Hu Jintao (3L car) reviews the military personnel during the National Day parade in Beijing on October 1, 2009. China celebrated 60 years of communist rule with a massive military parade and elaborate pageantry on Beijing's Tiananmen Square showcasing the nation's revival as a global power.
  13. International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shakes hands with Argentina's Economy Minister Amado Boudou during a meeting at the Istanbul Congress Center October 6, 2009. Argentina has still not reached a decision on allowing a mission from the International Monetary Fund to review the country's economy, Boudou said on Wednesday on C5N television. Picture taken on October 6, 2009.
  14. Turkish protestors chant slogans during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009.
  15. Turkish protestors face riot police during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009.
  16. International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shakes hands with the incoming Development Chairman Ahmed Bin Mohammed Al Khalifa at the Istanbul Congress Center October 6, 2009.

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