#Latest news with #financialministersBloomberg22-05-2025BusinessBloombergG-7 Draft Text Warns of ‘Excessive Imbalances' in Global EconomyFinancial ministers and central bank governors from the Group of Seven nations pledged to address 'excessive imbalances' in the global economy, a effort clearly aimed at China, though a draft communique seen by Bloomberg News omitted the name of the country. The officials said there was a need for a common understanding of how 'non-market policies and practices' undermine global economic security. They said they agreed 'on the importance of a level playing field and taking a broadly coordinated approach to address the harm caused by those who do not abide by the same rules and lack transparency.'
Bloomberg22-05-2025BusinessBloombergG-7 Draft Text Warns of ‘Excessive Imbalances' in Global EconomyFinancial ministers and central bank governors from the Group of Seven nations pledged to address 'excessive imbalances' in the global economy, a effort clearly aimed at China, though a draft communique seen by Bloomberg News omitted the name of the country. The officials said there was a need for a common understanding of how 'non-market policies and practices' undermine global economic security. They said they agreed 'on the importance of a level playing field and taking a broadly coordinated approach to address the harm caused by those who do not abide by the same rules and lack transparency.'
22-05-2025
