World Bank President Robert Zoellick said on Wednesday the world needed a cooperative approach to exit from easy fiscal and monetary policies and the timing for Asian central banks would depend on markets.

Speaking to reporters at the Singapore Foreign Correspondents Association, Zoellick also said there was some pressure on China to strengthen the yuan currency.

Stimulus measures and global imbalances will be on the agenda for Asia Pacific finance ministers and leaders meeting at an APEC summit in Singapore this week.