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China Slammed in G-7 Show of Unity Threatening Trade Escalation
China’s engagement in the global system of commerce was roundly criticized by Group of Seven finance chiefs in a show of unity accompanied by a threat of further escalation. The club of rich-world ministers and central bankers concluded its gathering in the Italian lakeside town of Stresa on Saturday with a communique that cited the world’s second-biggest economy by name and accused the country of hurting the economies of its trade partners. “While reaffirming our interest in a balanced and reciprocal collaboration, we express concerns about China’s comprehensive use of non-market policies and practices that ... (full story)
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- Posted: May 25, 2024 10:09pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,869
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